#ElectricalSteel Market size was valued at USD 40,000 million in 2022 and is projected to reach USD 60,000 million by 2033, growing at a CAGR of 8.4% during the forecast period.
Electrical steel, also known as #Silicon steel or lamination steel, is made by adding silicon to carbon steel in order to improve its magnetic properties.

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#ElectricalSteel #SteelIndustry #TransformerCore #GrainOrientedSteel #NonGrainOrientedSteel #MagneticMaterials #EnergyEfficiency #PowerTransformers