#Electrical Steel Market is associated to some of the core end-use industry such as energy, power generation plants, automotive and electronics that has resulted in advancement in technologies which is expected to boost the electrical steel market. Electrical steel is an alloy which consist of silicon and iron coupled with magnetic properties which are embedded into the steel to make them lucid to electricity.
#Asia Pacific is expected to dominate the electrical steel market throughout the forecast period from 2018 to 2025 followed by Europe and North America. Major players operating in the field of electrical steel market include Cogent (Tata Steel), thyssenkrupp AG, #AK_Steel, Arcelor Mittal S.A., #POSCO, #Stalprodukt S.A., among others.
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