Saving Electrical Energy as well as Heat timings by preheating the Scrap Metal charge and DRI is an established practice with EAF ( Electric Arc Furnaces). This same method can be adopted for Induction Furnaces as well, utilizing the Vertical Shaft kiln for preheating the charge using either the waste heat in case of a CAp Topped Induction Furnace or using cheap fuels like Coal or Biomass.