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.marketsandmarkets.com/PressReleases/electrical-steel.asp