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:
Project(s): View 2 related projects in PECWeb
Plant(s): View 2 related plants in PECWeb
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.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Metals & Minerals Project Database can click here for the project reports.
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.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
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