The global electrical steel market size was valued at US$ 25.9 billion in 2022 and expected to grow at a CAGR of 8.5% to reach US$ 55.1 billion by the end of 2032.Electrical steel, also known as silicon steel or transformer steel, plays a pivotal role in the energy sector as a core material in the manufacturing of electrical equipment and transformers. Its unique magnetic properties make it...
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