“Increasing Integration of Advanced Materials and Manufacturing Technologies”
- The North America electrical steel market is experiencing a significant trend toward the integration of advanced materials and innovative manufacturing technologies
- These advancements, such as improved alloy formulations and enhanced processing techniques such as thin slab casting and continuous annealing, optimize magnetic properties, including high permeability and low core losses
- Advanced electrical steel solutions enable more efficient energy conversion, reducing energy losses in applications such as transformers and electric motors.
- For instance, manufacturers are developing high-grade non-grain oriented electrical steel (NGOES) with superior magnetic properties to meet the demands of high-performance electric vehicle (EV) motors and renewable energy systems
- This trend enhances the efficiency and sustainability of electrical steel applications, making them increasingly attractive to industries such as automotive and energy
- New insulating coatings and varnishes with improved thermal and electrical properties are being developed to further reduce core losses and enhance the performance of electrical steel laminations
