Industry News

ArcelorMittal increases production capacity of electromagnetic steel sheets

Views : 352
Update time : 2021-02-01 17:25:46
It was reported that ArcelorMittal has invested 13 million euros to upgrade its steel plant in France recently, which specializes in the production of electromagnetic steel sheets for automobiles.

The upgrade was aimed to increase its production capacity for high-end non-directional iCARe electromagnetic steel sheets to meet the increasing demand of the electric vehicle market.

Electromagnetic steel sheets are mainly used to manufacture electric motors. ArcelorMittal stated that iCARe electromagnetic steel sheets have the advantages of high strength, low magnetic loss, and high polarity.
Related News
Read More >>
Nickel prices on Feb 20 rise on a weaker US dollar as hawkish Fed & Middle East tensions limit gains Nickel prices on Feb 20 rise on a weaker US dollar as hawkish Fed & Middle East tensions limit gains
Feb .24.2026
Nickel prices on Feb 20 rise on a weaker US dollar as hawkish Fed & Middle East tensions limit gains
Argentina terminates AD duties on China’s aluminum sheets Argentina terminates AD duties on China’s aluminum sheets
Feb .24.2026
Argentina terminates AD duties on China’s aluminum sheets
Nippon Steel raises prices for 300 series stainless steel dramatically Nippon Steel raises prices for 300 series stainless steel dramatically
Feb .24.2026
Nippon Steel raises prices for 300 series stainless steel dramatically
Indonesia and the Philippines' nickel industry alliance impacts stainless steel industry chain Indonesia and the Philippines' nickel industry alliance impacts stainless steel industry chain
Feb .24.2026
Indonesia and the Philippines' nickel industry alliance impacts stainless steel industry chain