International Steel Mills
CRU: ArcelorMittal Orders New NGO Mill
Written by Steve Garnsey
September 8, 2023
Luxembourg-headquartered ArcelorMittal has placed the contract for a reversible 6-high cold rolling mill to produce high-grade, non-oriented silicon steel strip (NGO) for use in electric motors.
The unit will be installed at the group’s Mardyck plant near Dunkirk in northeastern France where it is adding a 200,000 t/y rolling mill to produce electrical steels for electric vehicles (EVs) and electric motors in general, including those used in industrial machinery.
Equipment supplier Andritz of Austria says the light-gauge strip to be produced is in high demand because it contributes to more compact, lightweight and energy-efficient traction motors. The mill will be capable of rolling up to 1,450 mm wide strip to a minimum gauge of 0.2 mm.
ArcelorMittal is spending more than €300 M ($320 M) to add electrical steels to Mardyck. The scheduled start up is 2024. The company currently produces electrical steels at Saint-Chely d’Apcher in southern France.
Steve Garnsey
Read more from Steve GarnseyLatest in International Steel Mills
Nippon respects HR dumping decision, expects lower rate in next review
Nippon Steel says it respects the US Department of Commerce’s findings in administrative reviews despite the agency recently assigning the Japanese steelmaker a higher dumping margin.
Nippon still sees USS deal closing by end of ’24: Report
Japan’s Nippon Steel still anticipates closing on its proposed deal to acquire U.S. Steel by the end of 2024.
BlueScope lowers profit predictions due to global steel slowdown
Australia’s BlueScope Steel has lowered its earnings guidance due to challenging conditions in the global steel industry.
Trump reiterates opposition to USS sale to foreign firm
Former President Donald Trump repeated his disapproval of U.S. Steel’s sale to a foreign owner in a campaign speech on Sunday.
Lindqvist gives up board position as he departs SSAB
After stepping down as president and CEO of SSAB, Martin Lindqvist announced he'll also be leaving his position on SSAB's board of directors.