South Korean steel maker Posco has kicked off construction of a new 1 trillion won electrical steel manufacturing plant in Gwangyang in South Jeolla Province in South Korea. The new plant will be producing 300,000 tonnes of non-oriented electrical steels annually, which are used as core materials in rotating machines such as electric motors to large power generators. The product has homogeneous magnetic properties in all directions, which enables low core loss, high induction and good punchability. When the plant is completed in 2025, Posco said its total production capacity of electrical steel is expected to surge to some 1.13 million tonnes per year.
South Korean steel maker Posco has kicked off construction of a new 1 trillion won electrical steel manufacturing plant in Gwangyang in South Jeolla Province in South Korea. The new plant will be producing 300,000 tonnes of non-oriented electrical steels annually, which are used as core materials in rotating machines such as electric motors to large power generators. The product has homogeneous magnetic properties in all directions, which enables low core loss, high induction and good punchability. When the plant is completed in 2025, Posco said its total production capacity of electrical steel is expected to surge to some 1.13 million tonnes per year.
