Bulletin Updates

Electric steel market: Ready to soar – 6 Apr 2023

Apr 06, 2023

The non-grain-oriented electrical steel market was valued at USD 17.50 billion in 2022 and is expected to grow in a significant way from 2023 to 2030, reaching USD 25.83 billion

This speciality steel provides high permeability and low hysteresis loss for electrical applications, and its growth is driven by increasing demand for electricity and infrastructure development

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