ArcelorMittal to build new e-steel unit for EV motors in France

Steel giant ArcelorMittal announced it will build a new unit at its existing site in Mardyck (North of France) to produce 220 000 tons of steel for EV motors starting in 2024. With this 300 million euros investment, ArcelorMittal will triple the production of this type of electrical steel with specific magnetic properties due to
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