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Apr.20.2024 1USD=7.1046RMB
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Baosteel's NGO Silicon Steel Orders for NEVs Doubled YoY in January 2022

https://en.steelhome.com [SteelHome] 2022-01-25 10:40:21

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Adhere to technological leadership and build the world's first brand of silicon steel! At the beginning of the new year, Baosteel's orders for non-oriented silicon steel for new energy vehicles had a good start, which doubled year-on-year in January and hit a record high, further consolidating its global market share.

High-grade non-oriented silicon steel for new energy vehicles is the core raw material for the stator and rotor cores of drive motors. Baosteel is currently the only iron and steel enterprise in China that is responsible for and participates in national scientific research projects on non-oriented silicon steel for drive motors of new energy vehicles. The mission of research and development of high grade non-oriented silicon steel materials and technology research. By the end of 2021, Baosteel's non-oriented silicon steel for new energy vehicles has fully realized the coordinated and stable supply of dual-base, the market has expanded by more than 400,000 tons, and the annual order volume has doubled on the basis of 2020.

(To contact the reporter on this story: leo.ji@steelhome.cn or 86-555-2238932 18616060095)
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