Trade Cases
US Steel Unveils Electrical Steel InduX
March 27, 2023
US Steel said its new electrical steel product, InduX™, will start production this summer at the company’s Big River Steel facility in Osceola, Ark.
The Pittsburgh-based steelmaker will be commissioning its new non-grain oriented (NGO) electrical steel line at that time. When fully operational, it will produce up to 200,000 tons of InduX steel per year.
The company noted that total expected capital expenditures for the NGO line of ~$450 million are funded by cash generated from Big River Steel.
InduX is a wide, ultra-thin, and lightweight electrical steel, having all the magnetic properties necessary for electric vehicles (EV), as well as generators and transformers, US Steel said.
The product unveiling occurred at the Corporate Climate Leadership panel at the Ceres Global conference in New York.
“We know achieving our goal of net-zero GHG (greenhouse-gas) emissions by 2050 requires extraordinary action from everyone, and we are doing our part by collaborating to find new business approaches and to develop new technologies,” Richard L. Fruehauf, US Steel SVP and chief strategy and sustainability officer, said in a statement.
By Ethan Bernard, ethan@steelmarketupdate.com
Latest in Trade Cases

Canadian PM moves to put tighter check on steel imports
Canadian Prime Minister Mark Carney has announced new measures to limit steel imports into the country.

Canadian agency reverses dumping decision, terminating CORE trade case
The Canada Border Services Agency has terminated a self-initiated dumping investigation of corrosion-resistant steel sheet (CORE) from Turkey.

OCTG producers in Canada take aim at Mexico, US, others
Evraz NA and Welded Tube of Canada have lodged an unfair trade complaint against imports of OCTG, including those from USMCA trading partners Mexico and the US.

Price: Reciprocal tariff changes and potential new tariffs for Brazil, Canada, others
Trade issues do not seem poised to leave the headlines anytime soon. And as recent developments show, the administration’s tariff policy remains ever-changing.

Bessent on Vietnam: 20% tariff stands, Section 232 protections apply
US Treasury Secretary Scott Bessent told reporters that tariffs for Vietnamese imports to the US are 20% and "specific industries" have trade protections under the Section 232 tariffs.