#ElectricalSteel Market, valued at USD 40 billion in 2022, is projected to reach USD 60 billion by 2033, growing at an 8.4% CAGR. Electrical steel, also known as silicon or lamination steel, is essential for electrical equipment and power systems, offering enhanced magnetic properties through silicon addition. Read More: https://wemarketresearch.com/reports/electrical-steel-market/1183 #SiliconSteel #LaminationSteel #SteelIndustry #PowerGeneration #EnergyEfficiency