Steel Mills
AK Steel Receives $1.8 Million Award from Department of Energy
Written by Sandy Williams
May 20, 2017
WEST CHESTER, OH–(Marketwired – May 17, 2017) – AK Steel (NYSE: AKS) announced today that it has accepted an award of up to $1.8 million from the U.S. Department of Energy (DOE) under the Advanced Manufacturing Office’s Next Generation Electric Machines (NGEM) program to develop the next generation of advanced, non-oriented electrical steels (NOES) for motors used in a wide variety of industrial and automotive applications, including hybrid electric vehicles.
The three-year project will be conducted in collaboration with the DOE, Oak Ridge National Laboratory’s Power Electronics and Electric Machinery Research Center, and Regal Beloit Corporation, a leading manufacturer of electric motors and motion control products. The objective of the project is to develop an innovative motor design with high-alloy NOES that will achieve an efficiency improvement of more than 30% when compared to existing motor designs with NOES products.
“We are honored to have been selected by the Energy Department for this initiative to push the boundaries of electrical steel technology,” said Roger Newport, Chief Executive Officer of AK Steel. “Product and process innovation is a hallmark of our company, and we look forward to collaborating with some of the brightest minds in the industry to take electric motor performance to the next level.”
AK Steel invented electrical steels over 100 years ago, and today remains one of the leading worldwide producers of this highly-specialized product. These steels include both NOES for electric generators and motors, as well as grain-oriented electrical steels for power and distribution transformers.
While DOE’s NGEM program targets a vast array of industrial motors, pumps, and generators, hybrid electric vehicles (H/EVs) represent the fastest growing market for NOES. Many of the motors used in H/EVs being sold in the U.S. today are imported from foreign suppliers, but a trend toward local sourcing and manufacturing is underway.
“For the past several years, we have been working closely with several worldwide leaders in the development of hybrid electric vehicles,” said Eric Petersen, Vice President Research and Innovation, AK Steel. “The reaction to prototype samples of our DI-MAX® HF-10X NOES product has been outstanding, and we are currently providing these OEMs with additional material for qualification. The upcoming DOE NGEM project will build upon this strong foundation, allowing for the most efficient motor designs available in the world.”
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
AISI: Raw steel production backs off multi-year high
US raw steel output edged lower last week after hitting a multi-year high in mid-June, according to the American Iron and Steel Institute (AISI).
Private equity firm Atlas Holdings to acquire Evraz North America
Atlas Holdings said it has signed a definitive agreement to acquire Evraz North America (Evraz NA). The Greenwich, Conn.-based private equity firm said it expects the deal for the Chicago-based steelmaker to close in the second quarter of 2025 subject to various closing condition.
Granite City Works must remain open and other terms of the Nippon-USS deal
SEC documents also name Trump specifically as having veto power certain decisions are part of the “Golden Share” provision.
USS shuffles some leadership roles after close of Nippon deal
USS shuffles leadership deck after deal closes with Nippon.
ArcelorMittal fires up steelmaking at Calvert mill
With the marking of the EAF’s first heat earlier this month, the mill has moved from a rerolling and finishing mill to a full steelmaking facility.