The first phase of the project is scheduled to begin in June 2027

ArcelorMittal Jinxi New Materials, a joint venture between ArcelorMittal and China Oriental Group, has officially launched its joint brand of electrical steel, AMORNEX, in Changzhou (Jiangsu Province), according to a report by BigMint.

The total investment under this project amounts to approximately 5 billion yuan (over $745 million); it is considered one of the largest individual foreign investment deals in Changzhou.

The project comprises a raw materials production base in Tanshan (Hebei Province) and a processing and operations base in Changzhou.

The total production capacity of the facility in Changzhou will be 1.8 million tonnes of high-quality electrical steel sheets.

As part of the first phase of the project, a production line for high-performance non-oriented electrical steel (NOGO) with an annual capacity of 500,000 tonnes is being built – commercial commissioning is expected in June 2027. The products are intended primarily for a wide range of environmentally friendly, high value-added industries, including drive motors for new energy vehicles (NEVs), high-efficiency industrial motors and smart household appliances.

Construction of the new production complex has moved on to the equipment installation phase. At the same time, infrastructure such as a dedicated 220 kV substation and an electricity distribution system is being built.