Electrical Steel Market to Capture Emerging Market Opportunities

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2025-10-20 12:30:10 -

Market Overview The global electrical steel market was valued at USD24.89 billion in 2023 and is expected to grow at a CAGR of 4.80% during the forecast period. The global electrical steel market is experiencing robust growth, driven by increasing demand for energy-efficient technologies and the ongoing global transition toward electrification. Electrical steel, also known as silicon steel, is...

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