Cleveland-Cliffs Introduces New MOTOR-MAX™ Non-Oriented Electrical Steels for High Frequency Motors and Generators
December 13 2022 - 7:00AM
Business Wire
Cleveland-Cliffs Inc. (NYSE: CLF) today announced that it
is introducing the MOTOR-MAX product line of non-oriented
electrical steels for high frequency motors and generators in the
North American market. Cleveland-Cliffs is raising the standards of
steel performance once again with its MOTOR-MAX High Frequency
Non-Oriented Electrical Steels (HF NOES) brand of electrical
steels, which are designed for high speed motors, electric vehicle
(EV) traction motors, aircraft generators and other rotating
equipment. From research to production, Cleveland-Cliffs has the
experience and capabilities to produce the quality electrical
steels necessary for these distinctive high performance
applications to meet a broad range of customer technical
requirements.
The drive towards vehicle electrification has transformed the
automotive market with the adoption of electric vehicles (EVs). As
demand for electrical steels increase for EV traction motors,
Cleveland-Cliffs is at the forefront of this market as the only
producer of automotive-quality electrical steels in North America.
EV traction motors are one of the most crucial components of
electric vehicles and utilizing MOTOR-MAX High Frequency electrical
steels will improve the overall efficiency and performance of the
motor. With a reliable, domestic supply of MOTOR-MAX electrical
steels, automotive OEMs have a dependable source for their
production of EV motors in the United States.
In addition, the growing demand for EVs has fueled the
requirement for charging stations’ infrastructure nationwide.
Cleveland-Cliffs has the resources in place to play a leadership
role also with its grain-oriented electrical steels (GOES) to be
used in EV charging stations.
Cleveland-Cliffs is able to make MOTOR-MAX HF NOES and other
electrical steel products utilizing a cleaner mix of its
high-quality direct reduced iron and recycled steel scrap at its
electric arc furnaces (EAFs) located in the United States. The
Company maintains control over the entire production cycle, using
U.S.-sourced materials, incorporating recycling and other
environmentally friendly sustainable practices. Cleveland-Cliffs’
technique to produce electrical steels, like MOTOR-MAX HF NOES,
results in lower greenhouse gas emissions than other steel mills
utilizing carbon-intensive energy sources and production
methods.
About Cleveland-Cliffs Inc.
Cleveland-Cliffs is the largest flat-rolled steel producer in
North America. Founded in 1847 as a mine operator, Cliffs also is
the largest manufacturer of iron ore pellets in North America. The
Company is vertically integrated from mined raw materials, direct
reduced iron, and ferrous scrap to primary steelmaking and
downstream finishing, stamping, tooling, and tubing. We are the
largest supplier of steel to the automotive industry in North
America and serve a diverse range of other markets due to our
comprehensive offering of flat-rolled steel products. Headquartered
in Cleveland, Ohio, Cleveland-Cliffs employs approximately 27,000
people across its operations in the United States and Canada.
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MEDIA CONTACT: Patricia Persico Senior Director,
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INVESTOR CONTACT: James Kerr Manager, Investor Relations
(216) 694-7719
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