South Korean steel giant POSCO held a groundbreaking ceremony for a non-oriented electrical steel sheet plant with an annual capacity of 300,000 tonnes with an investment of KRW 1 trillion in Gwangyang Works on 22 April 2022 to strengthen its position as a global supplier of electrical steel for vehicles & home appliances markets. POSCO will respond to the various needs of customers by reducing the thickness of electrical steel sheets by 0.1 mm and increasing width with the latest facilities that will be introduced and operational know-how that has been accumulated for more than 40 years since the first production of electrical steel sheet in 1979.Currently, POSCO has an annual electrical steel sheet production capacity of 830,000 tonnes including 100,000 tonnes of non-oriented electrical steel sheets and will secure a total capacity of 1.13 million tonnes including 400,000 tonnes of non oriented electrical steel sheets when construction is completed in 2025.Electrical steel contains 1~5% silicon that is used as an iron core material for motors, generators, etc, due to its excellent electromagnetic properties and low power loss. Electric steel sheets are largely divided into non-oriented and oriented electrical steel based on their electromagnetic properties. Non-oriented electrical steel sheets have uniform magnetic properties in all directions and are used for rotary drive motors and oriented electrical steel sheets are mainly used in stationary transformers.
South Korean steel giant POSCO held a groundbreaking ceremony for a non-oriented electrical steel sheet plant with an annual capacity of 300,000 tonnes with an investment of KRW 1 trillion in Gwangyang Works on 22 April 2022 to strengthen its position as a global supplier of electrical steel for vehicles & home appliances markets. POSCO will respond to the various needs of customers by reducing the thickness of electrical steel sheets by 0.1 mm and increasing width with the latest facilities that will be introduced and operational know-how that has been accumulated for more than 40 years since the first production of electrical steel sheet in 1979.Currently, POSCO has an annual electrical steel sheet production capacity of 830,000 tonnes including 100,000 tonnes of non-oriented electrical steel sheets and will secure a total capacity of 1.13 million tonnes including 400,000 tonnes of non oriented electrical steel sheets when construction is completed in 2025.Electrical steel contains 1~5% silicon that is used as an iron core material for motors, generators, etc, due to its excellent electromagnetic properties and low power loss. Electric steel sheets are largely divided into non-oriented and oriented electrical steel based on their electromagnetic properties. Non-oriented electrical steel sheets have uniform magnetic properties in all directions and are used for rotary drive motors and oriented electrical steel sheets are mainly used in stationary transformers.
