This investment by ArcelorMittal and China Oriental Group JV 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 and China Oriental Group, 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.
