The global electrical steel market, valued at USD 40.6 billion in 2023, is projected to reach USD 60.7 billion by 2028, growing at a CAGR of 8.4%. Electrical steel, essential for manufacturing transformers, motors, and generators, is seeing rising demand driven by the growth of energy-efficient vehicles, renewable energy infrastructure, and expanding industrial applications.
Key ma... https://www.prnewswire.com/news-releases/electrical-steel-market-worth--60-7-billion-by-2028--exclusive-report-by-marketsandmarkets-301816875.html