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An induction furnace is a type of electric furnace that heats materials using electromagnetic induction. A coil carrying an alternating electric current surrounds the furnace's chamber. This current induces eddy currents within the material being heated, generating intense heat.

These furnaces are commonly used for melting and alloying metals, particularly in specialty steelmaking and foundries. They are efficient for precise alloying due to the stirring effect of the electromagnetic field. While they have limited refining capabilities, they can operate under vacuum conditions (vacuum induction melting) to remove gases like carbon, oxygen, and hydrogen from molten metal.123

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