Targeting the growing electric vehicle market and planning for a startup in 2024, ArcelorMittal is expanding its production in Europe of electrical steel with the addition of a new plant near Dunkirk in northern France. […]
Using a magnetic circuit design that eliminates gaps, new lift magnet systems from Eriez feature a large full-contact magnetic surface area to move multiple parts from a factory burn table in a single lift. Customer […]
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 […]
Calling steel “the next precious metal”, Cleveland-Cliffs, a major producer of electrical steel for motors and transformers, has acquired Ferrous Processing & Trading Company. The scrap steel recycler adds a new dimension to the relentless […]
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 […]
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