10
Aug
09:23
Shougang: automotive electrical steel sees shortages
The listed company of Shougang Group says its automotive electrical steel is currently in short supply, and demand for electrical steel is expected to grow steadily over the next five years.
The firm’s current electrical steel orders are about 60,000-70,000 tonnes/month, but monthly output is only 40,000t, Kallanish notes. In the first half of 2021, Shougang's listed company produced around 240,000t of electrical steel, and it expects to s…
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