IHS Markit sees supply crunch coming for electrical steel; potential disruptor of OEM electrification plans
Green Car Congress
DECEMBER 17, 2021
The commercial electrical steel market is divided in two major categories: grain-oriented electrical steel (GOES) market and the non-oriented electrical steel (NOES) market. Cleveland-Cliffs is the only US producer of NOES via its 2020 acquisition of AK Steel; Cliff’s NOES and GOES manufacturing share common production equipment.
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