Global Top 14 Companies Accounted for 70% of total Non Grain-oriented Electrical Steel market (Business Opportunities - Money Making)

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Global Top 14 Companies Accounted for 70% of total Non Grain-oriented Electrical Steel market


Electrical steels are distinguished by their excellent electro-magnetic properties. There are two major types of fully processed electrical steels: grain-oriented (GO) and non-oriented (NO). Non-oriented electrical steel features homogeneous magnetic properties in all directions. They are widely used as iron core materials in rotating machines ranging from large power generators to tiny precision electric motors. They are also used in the iron core of small power transformers.
The global key manufacturers of Non Grain-oriented Electrical Steel include Baowu, TISCO, Shougang, Nippon Steel, Ansteel, Posco, ThyssenKrupp, JFE Steel, Voestalpine, ArcelorMittal, etc. In 2021, the global top 10 players had a share approximately 70.0% in terms of revenue.

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Last Update : Apr 26, 2024 3:47 AM
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2024-12-23 (0.379 sec)