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IHS Markit sees supply crunch coming for electrical steel; potential disruptor of OEM electrification plans

Green Car Congress

Some 88% of the manufacturing is concentrated in Greater China, Japan, and South Korea and then exported to other regions usually in the form of steel coils. 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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Nippon Steel Set to Buy U.S. Steel, Union Dismayed

The Truth About Cars

On Monday, Japan's Nippon Steel expressed its intention to purchase the United States Steel Corporation. However, the United Steel Workers don’t seem pleased with the arrangement and were said to have backed an earlier offer from domestic rival Cleveland-Cliffs Inc. Steel started mulling over larger offers from Japan. "We

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Biden opposes Nippon Steel takeover of US Steel – ET Auto

Baua Electric

President Joe Biden said Thursday he is against the proposed sale of US Steel to Japan’s Nippon Steel , as election year considerations appeared to outweigh the risk of angering key ally Japan. US Steel had previously received an offer to be bought by domestic competitor Cleveland Cliffs, in a deal endorsed by the USW.

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