Targeting the growing electric vehicle market and electrification market trends, Worthington Industries has bolstered its steel processing business with the acquisition of global lamination manufacturer Tempel Steel for $255 million. Tempel makes motor and transformer […]
Nippon Steel Corporation has filed lawsuits against Baoshan Iron & Steel Co., Ltd., a Chinese steelmaker, and Toyota Motor Corporation asserting the two companies have infringed upon its patent relating to non-oriented electrical steel sheets, typically used […]
Austrian industrial coatings company Rembrandtin has developed what it says is the world’s first chromium-free electrostrip coating for grain-oriented electrical steel used in distribution transformers, meeting a key requirement in upcoming environmental regulations. A one-component system that shows very good electro-insulating […]
Eighteen months into existence, ArcelorMittal Nippon Steel India (AM/NS India) reports a strong resurgence in its fortunes, booking more than $1 billion in profits amidst rising demand in the first six months of 2021. Backed by the deep pockets and persistence of ArcelorMittal […]
Metglas has commercially launched its ultra-low core loss electrical steel for use in high-efficiency distribution transformers. Development of the alloy was announced early last year by parent company Hitachi Metals and initial samples were provided to […]
Ferroglobe, a major producer of ferrosilicon used in the production of electrical steel, reports that its business has rebounded from the plummet it experienced last year at the peak of the Covid-19 pandemic. Red ink […]
Ferroglobe, a major producer of ferrosilicon used in the production of electrical steel, reports that alloy prices have remained relatively stable over the past nine months but its revenues plummeted amidst the pandemic. Based in London and […]
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