Energy Consumption Comparasion of ARC vs Induction Furnace

It's a general concept that EAFs consume more electricity, as compared to Induction furnace for same capacity .Can any body elaborate and share the details. Are EAFs are more feasible for large capacity while Induction for medium and small capacity. Which one is more suitable for DRI application based on cost effectiveness and quality? Regards ASAD MALIK Manager E & I TSML