US Steel introduces Indux electrical steel at Ceres Global

Pittsburgh-based United States Steel Corp. has announced that its new electrical steel product, Indux, will begin production at its Big River Steel facility in Osceola, Arkansas, this summer with the commissioning of its new non-grain oriented (NGO) electrical steel line.

U.S. Steel says Indux is a very wide, ultra-thin and lightweight steel, having all the magnetic properties necessary for electric vehicles (EVs), as well as generators and transformers. The company adds that by producing Indux steel in the United States, it is making a significant investment in American jobs and bolstering the resilience of the country’s domestic supply chain.

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Construction of the NGO line is currently underway at the Big River Steel plant, the company says, and when fully operational, will produce up to 200,000 tons of Indux per year. Total expected capital expenditures for the NGO line of approximately $450 million are funded by cash generated from Big River Steel.

The product was unveiled during the Corporate Climate Leadership panel at the Ceres Global conference in New York City. U.S. Steel Senior Vice President and Chief Strategy and Sustainability Officer Richard L. Fruehauf joined others who emphasized the need for partnerships in advancing decarbonization efforts.

“We know achieving our goal of net-zero GHG emissions by 2050 requires extraordinary action from everyone, and we are doing our part by collaborating to find new business approaches and to develop new technologies,” Fruehauf said during the panel. “Moreover, steel’s adaptability and near-infinite recyclability make it the ideal material to build safe, modern and sustainable societies.”

U.S. Steel says it was the first North American-headquartered steel company to announce a 2050 net-zero greenhouse gas (GHG) emissions goal for Scope 1 and 2 and to join ResponsibleSteel, and that its strategic initiatives go beyond the steel industry alone.

“Our customers, including the EV manufacturers, have announced their own decarbonization goals,” U.S. Steel Vice President and Chief Commercial Officer Kenneth E. Jaycox says. “While we’re advancing on our sustainability goals, we’re also helping our customers meet theirs. That mutual benefit is inherent to our Best for All strategy.”

The company says additional details on Indux electrical steel will be provided on its website in the coming weeks.