Electromagnetics

Price War in Grain-Oriented Electrical Steel Ripples Through Producers 

A global price war in the market for grain-oriented electrical steel is generating intense pressure on producers outside China, impacting especially the two remaining manufacturers of GOES in Europe – thyssenkrupp Electrical Steel and ArcelorMittal. Plant shutdowns, company pleas for regulatory protection and government support measures are aspects of the fray as exporters in China flood the market and erode price levels. Laced with distinctive magnetic properties, the specialty steel is a key material for substation transformers and large generators for wind power, along with other electromechanical products dependent upon magnetic functionality. […]

Electromagnetics

Defense Contractors Textron & thyssenkrupp Marine Systems Build on Autonomous Mine Countermeasure Packages for Navies 

Textron Systems Corporation continues to build out its mine countermeasure packages for marine defense programs that employ magnetic and acoustics technology to find and destroy underwater mines. Recent awards from the U.S. Navy include a $106 million contract for mine sweeping payload delivery systems plus a $100 million contract for software updates. Across the pond, thyssenkrupp Marine Systems, re-branded now to TKMS, continues to advance its systems under contracts with the Royal Navy. […]

Materials/Manufacturing

thyssenkrupp Modernizes Plant for Thin-Sheet Electrical Steel 

thyssenkrupp Steel has put into operation a new high-tech annealing and isolating line for producing electrical steel in Bochum, Germany. Part of a modernization project, the modern and energy-efficient plant in the Ruhr Valley now can manufacture up to 0.2 mm thin electrical sheet with particularly homogeneous mechanical and magnetic properties tailored for advanced EV motors. […]

Materials/Manufacturing

Thyssenkrupp to Buy Rare Earths from Northern Minerals in Australia While Helping to Expand the Operation; Key Separation Testing by K-Tech

Northern Minerals Ltd, one of the few producers of rare earth minerals outside China, and steel company Thyssenkrupp have made an offtake agreement whereby Thyssenkrupp will purchase 100% of the output from Northern’s Browns Range Pilot Plant […]