| |
NewswireTODAY - /newswire/ -
Changzhou, Jiangsu, China, 2025/07/10 - The joint venture between ArcelorMittal and China Oriental Group has selected international technology group ANDRITZ to supply silicon steel processing lines and a rolling mill for a major project in Changzhou, Jiangsu Province, China - ArcelorMittal.com . Reuters: ANDR.VI
|
| |
This investment will support the production of new energy vehicles (NEVs) in the region.
The scope of supply includes three final annealing coating lines, one reversing cold rolling mill, and twelve inductors. This equipment forms a core part of the joint venture’s New Energy Magnetic Material project (NEMM) project, which focuses on producing high-end silicon steel for NEV motors, as well as other motors, generators, and transformers.
Upon completion, the NEMM project will significantly contribute to upgrading industrial manufacturing and decarbonizing the NEV supply chain. Local production of high-end silicon steel will help the NEV manufacturers in the region achieve their green manufacturing goals and support China's transition toward high-tech, intelligent, and sustainable production.
The joint venture between ArcelorMittal (arcelormittal.com) and China Oriental Group (chinaorientalgroup.com), ArcelorMittal Jinxi New Materials (Changzhou) Co., LTD, represents one of the largest European investments in China in recent years and one of the most significant foreign direct investments in China’s steel industry.
This order further strengthens ANDRITZ’s position as a leading technology provider to the metals industry and underscores its long-standing partnership with ArcelorMittal and China Oriental Group.
The order is included in ANDRITZ’s order intake in the second quarter of 2025.
About ANDRITZ GROUP
International technology group ANDRITZ provides advanced plants, equipment, services, and digital solutions for a wide range of industries, including pulp and paper, metals, hydropower, environmental, and others. Founded in 1852 and headquartered in Austria, the publicly listed group employs about 30,000 people at 280 locations in over 80 countries.
As a global leader in technology and innovation, ANDRITZ is committed to fostering progress that benefits customers, partners, employees, society, and the environment. The company’s growth is driven by sustainable solutions enabling the green transition, advanced digitalization for highest industrial performance, and comprehensive services that maximize the value of customers’ plants over their entire life cycle. ANDRITZ. FOR GROWTH THAT MATTERS.
About ANDRITZ Metals
ANDRITZ Metals is via the Schuler Group one of the world’s leading suppliers of technologies, plants and digital solutions in metal forming. The product portfolio also includes automation and software solutions, process know-how and service. In the metals processing segment, the business area offers innovative, sustainable and market-leading solutions for the production and processing of flat products, for welding systems and furnaces with its own burner solutions, as well as services for the metals processing industry.
|
susan.trast[.]andritz.com 
