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Electrical Steel Market Share
- Report ID: GMI3136
- Published Date: Dec 2021
- Report Format: PDF
Electrical Steel Market Share
Key players in the electrical steel industry are :
- Voestalpine
- Cogent Power Ltd
- ArcelorMittal Europe
- MITSUI & Co
- SIJ Acroni d.o.o
- Arnold Magnetic Technologies
- Aperam
- Nomax Electrical Steel Private Ltd
- Big River Steel LLC
- Tempel
- Thyssenkrupp
- JFE Steel Corporation
- U.S. Steel Kosice
- POSCO Poggenamp
- KOBE Steel, Ltd
The companies are engaged in extensive research & development to develop innovative products and increasing efforts to develop high quality and cost-effective products used in various application. For instance, in June 2021, Kobe Steel, Ltd. announced an investment of around 15 billion yen (around USD 130 million) in the steel plate plant at Kakogawa Works, to carry out the refurbishment of a finishing rolling mill. The company aims to strengthen the product supply system with stable quality and delivery time and promote the development of high-functional steel plate manufacturing technology.
In January 2019, U.S. Steel Kosica, S.R.O. announced the expansion of a new non-grain oriented electrical steel line with an annual capacity of approximately 100,000 metric tons. The new line will enable the production of sophisticated silicon grades of NGO electrical steels to support the increased demand in vehicles and generators.
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Electrical Steel Market Scope
