On March 24, Baosteel's non-oriented silicon steel product structure optimisation project was officially completed and put into production. This is the world's first professional high-grade non-oriented silicon steel production line completely oriented to the new energy vehicle industry. This project will provide new energy vehicle users with 500,000 mt of top-grade high-grade non-oriented silicon steel every year.
According to the introduction, Baosteel has been deeply involved in the construction and development of the whole industry chain of new energy vehicles since the research and development of silicon steel for new energy vehicle drive motors, and its cooperative users basically cover the entire new energy vehicle industry. Up to now, Baosteel Co., Ltd. has become the largest global supplier of non-oriented silicon steel for new energy vehicle drive motors with the most complete grades. So far, it has supplied more than 600,000 mt in total and equipped nearly 8 million new energy vehicles around the world.