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Oulu-based maker of metallurgical measurement systems, including ArcSpec and TempSpec, for electric arc furnace steel production.
Luxmet Ltd was founded in 2014 in Oulu, Finland. Its ArcSpec system monitors melting in electric arc furnaces, TempSpec measures temperature in high-temperature processes, and ArcSpecLF monitors temperature and composition in ladle furnaces. Customers are mainly steel makers and metallurgical firms in Europe, North America and parts of Asia. On December 17, 2019 it raised EUR 800,000 led by Innovestor.
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