Compared to crucible steelmaking, the converter steelmaking process not only improves steel quality, but more importantly, dramatically increases output.
Each "batch" of crucible steelmaking can only produce 30 to 50 kilograms of steel, and even the top steelworks in England today produce just over 20 tons a month.
By contrast, a converter steelmaking "converter" can hold one ton of molten iron at a time—and that's just a small furnace; with mature technology, there are even converters holding over a hundred tons.
At the same time, converter steelmaking is extremely fast; it only takes 30 minutes to produce a batch of steel.
Even a small-scale steelworks can easily churn out 500 tons per month from a single furnace.
With this kind of technology, steel prices would immediately be cut in half, and all the current crucible steelworks in England would go bankrupt.
In fact, in the so-called steel industry, there's barely any profit in iron; only steel fetches a good price.
