Metals & Minerals
Nippon Steel to Increase Non-Oriented Electromagnetic Steel Sheet Capacity
Nippon Steel (Tokyo, Japan) is taking further actions to increase the manufacturing capacity of non-oriented electromagnetic steel sheet at the Sakai Steel Mill and the Yawata Steel Mill in Japan.
Released Wednesday, September 27, 2023
Reports related to this article:
Researched by Industrial Info Resources (Sugar Land, Texas)--Nippon Steel (Tokyo, Japan) is taking further actions to increase the manufacturing capacity of non-oriented electromagnetic steel sheet at the Sakai Steel Mill and the Yawata Steel Mill in Japan. The new capacity is expected to go online in 2027.
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Non-oriented electromagnetic steel sheet is used in eco-friendly cars' motors, contributing to their efficiency and reducing carbon dioxide (CO2) emissions. The demand for eco-friendly cars is expected to rise going forward, due to stricter regulations on automobile CO2 emissions and average fuel consumption. Amid this trend, demand for high-efficiency, high-grade materials of non-oriented electromagnetic steel sheet is also expected to increase.
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