The best place is next to nuclear power plant. Nuclear power is good because it has few restrictions on locations.
https://en.m.wikipedia.org/wiki/Nuclear_lightbulb
Like it was not crazy dangerous enough. ;-)
Just using electricity is probably cheaper and easier; large power plants are crazy efficient already.
I can only what hot molten salt does to industrial processes.
An array of SMRs (small modular reactors) located at the steel factory could be used – and would be sufficient – both for heating and producing the electricity without interruptions caused by fluctuating prices or blackouts.