Valin Iron and Steel plans to start the electrical steel project this year

Valin Iron and Steel announced on March 9th that the first phase of the company's electrical steel project is expected to start operating later this year and will realize an annual production of 200,000 tons of non-oriented silicon steel, 100,000 tons of non-oriented silicon steel chilled coil and 90,000 tons of oriented silicon steel. Among them, the company said, high-grade non-oriented electrical steel could be used to manufacture the motors needed by new energy vehicles.