- Report
- October 2023
- 175 Pages
Global
From €4095EUR$4,500USD£3,511GBP
Grained electrical steel, also known as silicon steel, is a specialized type of steel used primarily in electrical power transformers, motors, generators, and inductors due to its ability to reduce energy loss during the magnetization cycle (hysteresis losses). Its composition typically includes silicon, which enhances its electrical resistivity and magnetic properties. Within the iron and steel industry, grained electrical steel represents a niche category focused on energy efficiency and performance. It is produced in large sheets or coils, which are then cut to size and shaped as required. The market for grained electrical steel is driven by the demand for efficient electrical devices and infrastructure development, as it plays a crucial role in the performance of a wide range of electrical equipment.
Several companies are active in the production and distribution of grained electrical steel. Renowned players in the market include Nippon Steel Corporation, POSCO, Voestalpine AG, Baosteel Group, and JFE Steel Corporation. Other notable entities comprise ArcelorMittal, AK Steel Holding Corporation, and ThyssenKrupp AG. These companies operate globally, providing various grades and specifications of grained electrical steel, and they often invest in research and development to enhance the efficiency and quality of their products. Show Less Read more