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industry – the production of steel worldwide generates around ten-to-12 percent of all carbon emissions that are created by human activities – and so we’ re actively working with and prioritizing steel mills that are being proactive in making the necessary investments to decarbonize their production processes.”
JFE Shoji Power Canada has been producing innovative amorphous metal cores for its Canadian clients and OEMs for a long while. Amorphous metal offers a plethora of benefits; the main advantage being it is the most electrically efficient material that can be engineered into transformer cores. JFE Shoji Power Canada has worked in close collaboration with leading amorphous metal ribbon manufacturer, Metglas, for almost 20 years, and these amorphous metal cores have proven highly successful among its existing clients. As the material continues to
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grow its market share, Ron is keen to expand its use in the United States and widen its application to more distribution transformer codes in Canada.
“ Metglas produces this very special alloy that’ s used in distribution transformers. It’ s a product that has had a large market share for many years, but only for those parts of the world that value high levels of electrical energy efficiency in their electrical grid. It’ s a very advantageous material because it allows electric transformers to be much more efficient,” Ron elaborates.“ We’ ve been working closely with Metglas since 2008, and we have a very strong relationship. Our work, together with our Canadian distribution transformer clients, has grown the material’ s market share to around 50-to-60 percent, and we’ re now working closely with our OEM clients across North America to develop and expand this market. I don’ t think it’ s going to reach the same level of market share as in Canada, but it will be targeting around 30 percent from the less than five percent it is today, so it’ s a big opportunity to provide an electrically efficient solution for US utilities and we’ re very optimistic about its success.”
Of course, the economic landscape has changed significantly since 2008. The US market is particularly tumultuous at present given the current tariff situation, with the metal industry – especially the steel sector – being one of the hardest hit. This is another advantage of amorphous metal produced
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