Westford USA, Jan. 18, 2024 (GLOBE NEWSWIRE) -- According to SkyQuest's latest global research of the Electrical Steel market, increasing demand for high-efficiency electrical steel grades to meet ...
• The non-grain-oriented electrical steel market is driven by rising demand for energy-efficient appliances, renewable energy adoption, and the growing EV industry, supported by advancements in ...
The global electrical steel market size was US$ 15.7 billion in 2021. The global electrical steel market is forecast to grow to US$ 24.1 billion by 2030 by growing at a compound annual growth rate ...
AK Steel has accepted an award of up to $1.8 million from the U.S. Department of Energy under the Advanced Manufacturing Office’s Next Generation Electric Machines program to develop the next ...
When thoughts turn to the modernization and decarbonization of our transportation infrastructure, one imagines it to be dominated by exotic materials. EV motors and wind turbine generators need ...
Nine trade groups—including four representing the power sector—have urged the Biden administration to prioritize actions that support the domestic production of electrical steel, warning that ...
The origins of magnetic steel can be traced back to the 18 th century when scientists began experimenting with iron alloys. In 1820, Hans Christian Oersted's accidental discovery of electromagnetism ...
The company will expand its campus in Calvert, Alabama, to make 150,000 metric tons per year of nongrain-oriented electrical steel. ArcelorMittal says it “expects higher apparent demand in fiscal year ...
The steelmaker has ceased output at electrical steel production lines in France and Germany. Since 2022, imports of grain-oriented electrical steel into Europe have tripled and they rose a further 50 ...
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