Low Core Loss Properties Drive Demand for Electrical Steel in Europe
The Europe electrical steel market in was estimated to be worth US$ 6.3 billion in 2022. It is anticipated to increase significantly, with a compound annual growth rate of 10.3%, from 2023 to 2033, reaching US$ 16.9 billion by 2032.Due to the region's growing emphasis on technical breakthroughs and sustainable energy solutions, the European electrical steel market has grown to become...
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