APO Research

APO RESEARCH · REPORT

Electrical Steels

Electrical steel is an iron-based sheet material manufactured for magnetic performance in electrical machines.

Product & engineering

Understand the product.

Electrical steel is an alloy that contains iron and silicon. It can be manufactured by modifying the magnetic properties of steel for efficient magnetism and electricity conversion. Also called silicon steel, lamination steel, relay steel or transformer steel, this type of steel is very often used to build the cores of transformers as well as the stators of generators and motors. An electrical steel sheet is a functional material used as an iron core material for electrical equipment. There are two types of electrical steel sheet: grain-oriented electrical steel sheet and non-oriented electrical steel sheet, and they are used for different applications. In this report we researched the two types of steel sheet respectively. Market competition is JFE Steel, NLMK Group, Posco, NSSMC, ThyssenKrupp, AK Steel, Nucor, Voestalpine, TATA Steel, ArcelorMittal, CSC, WISCO, Baosteel, Ansteel, Shougang, Benxi Steel, TISCO, Masteel, Stalprodukt S.A., ATI, are the leaders of the industry, and they hold key technologies and patents, with high-end customers.

Grain-oriented grades favour a defined magnetisation direction; non-oriented grades serve varying magnetic directions. Thickness and magnetic loss affect core design.

Insulating coating and lamination reduce inter-sheet currents. Cutting, forming and stress can change losses in the assembled core.

What turns activity into demand

Evaluate sheet data alongside cutting and assembly effects. Separate electrical steel sheet mass from finished laminations and complete machines.

The commercial boundary

Separate electrical steel sheet mass from finished laminations and complete machines.

Technical reading

Selected research

Industry Growth & Trends

Global Electrical Steels Industry Growth and Trends Forecast to 2032

Market perspective

Electrical steel is an alloy that contains iron and silicon. It can be manufactured by modifying the magnetic properties of steel for efficient magnetism and electricity conversion. Also called silicon steel, lamination steel, relay steel or transformer steel, this type of steel is very often used to build the cores of transformers as well as the stators of generators and motors. An electrical steel sheet is a functional material used as an iron core material for electrical equipment. There are two types of electrical steel sheet: grain-oriented electrical steel sheet and non-oriented electrical steel sheet, and they are used for different applications. In this report we researched the two types of steel sheet respectively. Market competition is JFE Steel, NLMK Group, Posco, NSSMC, ThyssenKrupp, AK Steel, Nucor, Voestalpine, TATA Steel, ArcelorMittal, CSC, WISCO, Baosteel, Ansteel, Shougang, Benxi Steel, TISCO, Masteel, Stalprodukt S.A., ATI, are the leaders of the industry, and they hold key technologies and patents, with high-end customers.

The global electrical Steel market is dominated by Baowu, ArcelorMittal, JFE Steel, Shougang, NSMC, NLMK Group, etc. The top six manufacturers account for about 55% of the market share.

China is the largest market for electrical steel with a market share of about 50%, followed by Europe with a market share of about 20%.

Read the full market overview

Report Scope

This report provides a structured, data-driven view of the global Electrical Steels market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.

The Electrical Steels market size, estimates, and forecasts are presented in terms of sales volume (K MT) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Electrical Steels market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Electrical Steels.

Key Companies & Market Share Insights

This section analyzes the strategies and performance of leading manufacturers in the global Electrical Steels market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.

Electrical Steels Market by Company

Baowu Group

AK Steel

Ansteel

ArcelorMittal

Benxi Iron & Steel (Group)

CSC

JFE Steel

Nippon Steel Corporation

NLMK Group

Posco

Shougang Group

Stalprodukt S.A.

TATA Steel

ThyssenKrupp

TISCO

Voestalpine

Masteel

APERAM

Nucor

ATI Metals

Electrical Steels Segment by Type

Oriented Electrical Steels

Non-Oriented Electrical Steels

Electrical Steels Segment by Application

Transformer

Power Generator

Electric Motor

Others

Electrical Steels Segment by Region

North America

United States

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Spain

Netherlands

Switzerland

Sweden

Poland

Asia-Pacific

China

Japan

South Korea

India

Australia

Taiwan

Southeast Asia

South America

Brazil

Argentina

Chile

Middle East & Africa

Egypt

South Africa

Israel

Türkiye

GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Electrical Steels market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Electrical Steels and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market.

5. This report helps stakeholders to gain insights into which regions to target globally.

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Electrical Steels.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Electrical Steels manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Sales, revenue of Electrical Steels in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.

Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.

Chapter 13: Concluding Insights of the report.

More report detail

Tables and figures
List of Tables Table 1. Major Company of Oriented Electrical Steels Table 2. Major Company of Non-Oriented Electrical Steels Table 3. Global Electrical Steels Sales by Type (2021 VS 2025 VS 2032) & (US$ Million) Table 4. Global Electrical Steels Sales by Type (2021-2026) & (K MT) Table 5. Global Electrical Steels Sales Market Share in Volume by Type (2021-2026) Table 6. Global Electrical Steels Sales by Type (2021-2026) & (US$ Million) Table 7. Global Electrical Steels Sales Market Share in Value by Type (2021-2026) Table 8. Global Electrical Steels Price by Type (2021-2026) & (USD/MT) Table 9. Global Electrical Steels Sales by Type (2027-2032) & (K MT) Table 10. Global Electrical Steels Sales Market Share in Volume by Type (2027-2032) Table 11. Global Electrical Steels Sales by Type (2027-2032) & (US$ Million) Table 12. Global Electrical Steels Sales Market Share in Value by Type (2027-2032) Table 13. Global Electrical Steels Price by Type (2027-2032) & (USD/MT) Table 14. North America Electrical Steels Sales by Type (2021-2026) & (K MT) Table 15. North America Electrical Steels Sales by Type (2021-2026) & (US$ Million) Table 16. Europe Electrical Steels Sales by Type (2021-2026) & (K MT) Table 17. Europe Electrical Steels Sales by Type (2021-2026) & (US$ Million) Table 18. Asia-Pacific Electrical Steels Sales by Type (2021-2026) & (K MT) Table 19. Asia-Pacific Electrical Steels Sales by Type (2021-2026) & (US$ Million) Table 20. Latin America Electrical Steels Sales by Type (2021-2026) & (K MT) Table 21. Latin America Electrical Steels Sales by Type (2021-2026) & (US$ Million) Table 22. Middle East and Africa Electrical Steels Sales by Type (2021-2026) & (K MT) Table 23. Middle East and Africa Electrical Steels Sales by Type (2021-2026) & (US$ Million) Table 24. Electrical Steels Industry Trends Table 25. Electrical Steels Industry Drivers Table 26. Electrical Steels Industry Opportunities and Challenges Table 27. Electrical Steels Industry Restraints Table 28. Global Electrical Steels Sales Revenue by Company (US$ Million) & (2021-2026) Table 29. Global Electrical Steels Revenue Market Share by Company (2021-2026) Table 30. Global Electrical Steels Sales by Company (2021-2026) & (K MT) Table 31. Global Electrical Steels Sales Share by Company (2021-2026) Table 32. Global Electrical Steels Market Price by Company (2021-2026) & (USD/MT) Table 33. Global Electrical Steels Industry Company Ranking, 2024 VS 2025 VS 2026 Table 34. Global Electrical Steels Major Company Production Sites and Headquarters Table 35. Global Electrical Steels Company, Product Type & Application Table 36. Global Electrical Steels Company Establishment Date Table 37. Global Company Market Concentration Ratio (CR5 and HHI) Table 38. Global Electrical Steels by Company Type (Tier 1, Tier 2, and Tier 3) & (Based on the Revenue of 2025) Table 39. Global Electrical Steels Market Size Comparison by Region (US$ Million): 2021 VS 2025 VS 2032 Table 40. Global Electrical Steels Sales by Region (2021-2026) & (K MT) Table 41. Global Electrical Steels Sales Market Share in Volume by Region (2021-2026) Table 42. Global Electrical Steels Sales by Region (2021-2026) & (US$ Million) Table 43. Global Electrical Steels Sales Market Share in Value by Region (2021-2026) Table 44. Global Electrical Steels Sales (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 45. Global Electrical Steels Sales by Region (2027-2032) & (K MT) Table 46. Global Electrical Steels Sales Market Share in Volume by Region (2027-2032) Table 47. Global Electrical Steels Sales by Region (2027-2032) & (US$ Million) Table 48. Global Electrical Steels Sales Market Share in Value by Region (2027-2032) Table 49. Global Electrical Steels Sales (K MT), Value (US$ Million), Price (USD/MT) and Gross Margin (2027-2032) Table 50. Global Electrical Steels Sales by Application (2021 VS 2025 VS 2032) & (US$ Million) Table 51. Global Electrical Steels Sales by Application (2021-2026) & (K MT) Table 52. Global Electrical Steels Sales Market Share in Volume by Application (2021-2026) Table 53. Global Electrical Steels Sales by Application (2021-2026) & (US$ Million) Table 54. Global Electrical Steels Sales Market Share in Value by Application (2021-2026) Table 55. Global Electrical Steels Price by Application (2021-2026) & (USD/MT) Table 56. Global Electrical Steels Sales by Application (2027-2032) & (K MT) Table 57. Global Electrical Steels Sales Market Share in Volume by Application (2027-2032) Table 58. Global Electrical Steels Sales by Application (2027-2032) & (US$ Million) Table 59. Global Electrical Steels Sales Market Share in Value by Application (2027-2032) Table 60. Global Electrical Steels Price by Application (2027-2032) & (USD/MT) Table 61. North America Electrical Steels Sales by Application (2021-2026) & (K MT) Table 62. North America Electrical Steels Sales by Application (2021-2026) & (US$ Million) Table 63. Europe Electrical Steels Sales by Application (2021-2026) & (K MT) Table 64. Europe Electrical Steels Sales by Application (2021-2026) & (US$ Million) Table 65. Asia-Pacific Electrical Steels Sales by Application (2021-2026) & (K MT) Table 66. Asia-Pacific Electrical Steels Sales by Application (2021-2026) & (US$ Million) Table 67. Latin America Electrical Steels Sales by Application (2021-2026) & (K MT) Table 68. Latin America Electrical Steels Sales by Application (2021-2026) & (US$ Million) Table 69. Middle East and Africa Electrical Steels Sales by Application (2021-2026) & (K MT) Table 70. Middle East and Africa Electrical Steels Sales by Application (2021-2026) & (US$ Million) Table 71. Baowu Group Company Information Table 72. Baowu Group Business Overview Table 73. Baowu Group Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 74. Baowu Group Electrical Steels Product Portfolio Table 75. Baowu Group Recent Development Table 76. AK Steel Company Information Table 77. AK Steel Business Overview Table 78. AK Steel Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 79. AK Steel Electrical Steels Product Portfolio Table 80. AK Steel Recent Development Table 81. Ansteel Company Information Table 82. Ansteel Business Overview Table 83. Ansteel Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 84. Ansteel Electrical Steels Product Portfolio Table 85. Ansteel Recent Development Table 86. ArcelorMittal Company Information Table 87. ArcelorMittal Business Overview Table 88. ArcelorMittal Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 89. ArcelorMittal Electrical Steels Product Portfolio Table 90. ArcelorMittal Recent Development Table 91. Benxi Iron & Steel (Group) Company Information Table 92. Benxi Iron & Steel (Group) Business Overview Table 93. Benxi Iron & Steel (Group) Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 94. Benxi Iron & Steel (Group) Electrical Steels Product Portfolio Table 95. Benxi Iron & Steel (Group) Recent Development Table 96. CSC Company Information Table 97. CSC Business Overview Table 98. CSC Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 99. CSC Electrical Steels Product Portfolio Table 100. CSC Recent Development Table 101. JFE Steel Company Information Table 102. JFE Steel Business Overview Table 103. JFE Steel Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 104. JFE Steel Electrical Steels Product Portfolio Table 105. JFE Steel Recent Development Table 106. Nippon Steel Corporation Company Information Table 107. Nippon Steel Corporation Business Overview Table 108. Nippon Steel Corporation Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 109. Nippon Steel Corporation Electrical Steels Product Portfolio Table 110. Nippon Steel Corporation Recent Development Table 111. NLMK Group Company Information Table 112. NLMK Group Business Overview Table 113. NLMK Group Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 114. NLMK Group Electrical Steels Product Portfolio Table 115. NLMK Group Recent Development Table 116. Posco Company Information Table 117. Posco Business Overview Table 118. Posco Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 119. Posco Electrical Steels Product Portfolio Table 120. Posco Recent Development Table 121. Shougang Group Company Information Table 122. Shougang Group Business Overview Table 123. Shougang Group Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 124. Shougang Group Electrical Steels Product Portfolio Table 125. Shougang Group Recent Development Table 126. Stalprodukt S.A. Company Information Table 127. Stalprodukt S.A. Business Overview Table 128. Stalprodukt S.A. Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 129. Stalprodukt S.A. Electrical Steels Product Portfolio Table 130. Stalprodukt S.A. Recent Development Table 131. TATA Steel Company Information Table 132. TATA Steel Business Overview Table 133. TATA Steel Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 134. TATA Steel Electrical Steels Product Portfolio Table 135. TATA Steel Recent Development Table 136. ThyssenKrupp Company Information Table 137. ThyssenKrupp Business Overview Table 138. ThyssenKrupp Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 139. ThyssenKrupp Electrical Steels Product Portfolio Table 140. ThyssenKrupp Recent Development Table 141. TISCO Company Information Table 142. TISCO Business Overview Table 143. TISCO Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 144. TISCO Electrical Steels Product Portfolio Table 145. TISCO Recent Development Table 146. Voestalpine Company Information Table 147. Voestalpine Business Overview Table 148. Voestalpine Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 149. Voestalpine Electrical Steels Product Portfolio Table 150. Voestalpine Recent Development Table 151. Masteel Company Information Table 152. Masteel Business Overview Table 153. Masteel Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 154. Masteel Electrical Steels Product Portfolio Table 155. Masteel Recent Development Table 156. APERAM Company Information Table 157. APERAM Business Overview Table 158. APERAM Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 159. APERAM Electrical Steels Product Portfolio Table 160. APERAM Recent Development Table 161. Nucor Company Information Table 162. Nucor Business Overview Table 163. Nucor Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 164. Nucor Electrical Steels Product Portfolio Table 165. Nucor Recent Development Table 166. ATI Metals Company Information Table 167. ATI Metals Business Overview Table 168. ATI Metals Electrical Steels Sales (K MT), Revenue (US$ Million), Price (USD/MT) and Gross Margin (2021-2026) Table 169. ATI Metals Electrical Steels Product Portfolio Table 170. ATI Metals Recent Development Table 171. North America Electrical Steels Market Size Growth Rate (CAGR) by Country (K MT): 2021 VS 2025 VS 2032 Table 172. North America Electrical Steels Sales by Country (2021-2026) & (K MT) Table 173. North America Electrical Steels Sales Market Share by Country (2021-2026) Table 174. North America Electrical Steels Sales Forecast by Country (2027-2032) & (K MT) Table 175. North America Electrical Steels Sales Market Share Forecast by Country (2027-2032) Table 176. North America Electrical Steels Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 177. North America Electrical Steels Market Size by Country (2021-2026) & (US$ Million) Table 178. North America Electrical Steels Market Share by Country (2021-2026) Table 179. North America Electrical Steels Market Size Forecast by Country (2027-2032) & (US$ Million) Table 180. North America Electrical Steels Market Share Forecast by Country (2027-2032) Table 181. Europe Electrical Steels Market Size Growth Rate (CAGR) by Country (K MT): 2021 VS 2025 VS 2032 Table 182. Europe Electrical Steels Sales by Country (2021-2026) & (K MT) Table 183. Europe Electrical Steels Sales Market Share by Country (2021-2026) Table 184. Europe Electrical Steels Sales Forecast by Country (2027-2032) & (K MT) Table 185. Europe Electrical Steels Sales Market Share Forecast by Country (2027-2032) Table 186. Europe Electrical Steels Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 187. Europe Electrical Steels Market Size by Country (2021-2026) & (US$ Million) Table 188. Europe Electrical Steels Market Share by Country (2021-2026) Table 189. Europe Electrical Steels Market Size Forecast by Country (2027-2032) & (US$ Million) Table 190. Europe Electrical Steels Market Share Forecast by Country (2027-2032) Table 191. Asia-Pacific Electrical Steels Market Size Growth Rate (CAGR) by Country (K MT): 2021 VS 2025 VS 2032 Table 192. Asia-Pacific Electrical Steels Sales by Country (2021-2026) & (K MT) Table 193. Asia-Pacific Electrical Steels Sales Market Share by Country (2021-2026) Table 194. Asia-Pacific Electrical Steels Sales Forecast by Country (2027-2032) & (K MT) Table 195. Asia-Pacific Electrical Steels Sales Market Share Forecast by Country (2027-2032) Table 196. Asia-Pacific Electrical Steels Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 197. Asia-Pacific Electrical Steels Market Size by Country (2021-2026) & (US$ Million) Table 198. Asia-Pacific Electrical Steels Market Share by Country (2021-2026) Table 199. Asia-Pacific Electrical Steels Market Size Forecast by Country (2027-2032) & (US$ Million) Table 200. Asia-Pacific Electrical Steels Market Share Forecast by Country (2027-2032) Table 201. Latin America Electrical Steels Market Size Growth Rate (CAGR) by Country (K MT): 2021 VS 2025 VS 2032 Table 202. Latin America Electrical Steels Sales by Country (2021-2026) & (K MT) Table 203. Latin America Electrical Steels Sales Market Share by Country (2021-2026) Table 204. Latin America Electrical Steels Sales Forecast by Country (2027-2032) & (K MT) Table 205. Latin America Electrical Steels Sales Market Share Forecast by Country (2027-2032) Table 206. Latin America Electrical Steels Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 207. Latin America Electrical Steels Market Size by Country (2021-2026) & (US$ Million) Table 208. Latin America Electrical Steels Market Share by Country (2021-2026) Table 209. Latin America Electrical Steels Market Size Forecast by Country (2027-2032) & (US$ Million) Table 210. Latin America Electrical Steels Market Share Forecast by Country (2027-2032) Table 211. Middle East and Africa Electrical Steels Market Size Growth Rate (CAGR) by Country (K MT): 2021 VS 2025 VS 2032 Table 212. Middle East and Africa Electrical Steels Sales by Country (2021-2026) & (K MT) Table 213. Middle East and Africa Electrical Steels Sales Market Share by Country (2021-2026) Table 214. Middle East and Africa Electrical Steels Sales Forecast by Country (2027-2032) & (K MT) Table 215. Middle East and Africa Electrical Steels Sales Market Share Forecast by Country (2027-2032) Table 216. Middle East and Africa Electrical Steels Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 217. Middle East and Africa Electrical Steels Market Size by Country (2021-2026) & (US$ Million) Table 218. Middle East and Africa Electrical Steels Market Share by Country (2021-2026) Table 219. Middle East and Africa Electrical Steels Market Size Forecast by Country (2027-2032) & (US$ Million) Table 220. Middle East and Africa Electrical Steels Market Share Forecast by Country (2027-2032) Table 221. Key Raw Materials Table 222. Raw Materials Key Suppliers Table 223. Electrical Steels Distributors List Table 224. Electrical Steels Customers List Table 225. Research Programs/Design for This Report Table 226. Authors List of This Report Table 227. Secondary Sources Table 228. Primary Sources List of Figures Figure 1. Electrical Steels Image Figure 2. Global Electrical Steels Market Size (US$ Million), 2021 VS 2025 VS 2032 Figure 3. Global Electrical Steels Market Size (2021-2032) & (US$ Million) Figure 4. Global Electrical Steels Sales (2021-2032) & (K MT) Figure 5. Oriented Electrical Steels Image Figure 6. Global Oriented Electrical Steels Sales YoY Growth (2021-2032) & (K MT) Figure 7. Non-Oriented Electrical Steels Image Figure 8. Global Non-Oriented Electrical Steels Sales YoY Growth (2021-2032) & (K MT) Figure 9. Global Electrical Steels Market Size Overview by Type (2021-2032) & (US$ Million) Figure 10. Global Electrical Steels Market Share by Type 2025 VS 2032 Figure 11. North America Electrical Steels Sales Market Share in Volume by Type in 2025 Figure 12. North America Electrical Steels Sales Market Share in Value by Type in 2025 Figure 13. Europe Electrical Steels Sales Market Share in Volume by Type in 2025 Figure 14. Europe Electrical Steels Sales Market Share in Value by Type in 2025 Figure 15. Asia-Pacific Electrical Steels Sales Market Share in Volume by Type in 2025 Figure 16. Asia-Pacific Electrical Steels Sales Market Share in Value by Type in 2025 Figure 17. Latin America Electrical Steels Sales Market Share in Volume by Type in 2025 Figure 18. Latin America Electrical Steels Sales Market Share in Value by Type in 2025 Figure 19. Middle East and Africa Electrical Steels Sales Market Share in Volume by Type in 2025 Figure 20. Middle East and Africa Electrical Steels Sales Market Share in Value by Type in 2025 Figure 21. Global Top 5 and 10 Electrical Steels Players Market Share by Revenue in 2025 Figure 22. Company Type (Tier 1, Tier 2, and Tier 3): 2021 VS 2025 Figure 23. Transformer Image Figure 24. Global Transformer Sales YoY Growth (2021-2032) & (K MT) Figure 25. Power Generator Image Figure 26. Global Power Generator Sales YoY Growth (2021-2032) & (K MT) Figure 27. Electric Motor Image Figure 28. Global Electric Motor Sales YoY Growth (2021-2032) & (K MT) Figure 29. Others Image Figure 30. Global Others Sales YoY Growth (2021-2032) & (K MT) Figure 31. Global Electrical Steels Market Size Overview by Application (2021-2032) & (US$ Million) Figure 32. Global Electrical Steels Market Share by Application 2025 VS 2032 Figure 33. North America Electrical Steels Sales Market Share in Volume by Application in 2025 Figure 34. North America Electrical Steels Sales Market Share in Value by Application in 2025 Figure 35. Europe Electrical Steels Sales Market Share in Volume by Application in 2025 Figure 36. Europe Electrical Steels Sales Market Share in Value by Application in 2025 Figure 37. Asia-Pacific Electrical Steels Sales Market Share in Volume by Application in 2025 Figure 38. Asia-Pacific Electrical Steels Sales Market Share in Value by Application in 2025 Figure 39. Latin America Electrical Steels Sales Market Share in Volume by Application in 2025 Figure 40. Latin America Electrical Steels Sales Market Share in Value by Application in 2025 Figure 41. Middle East and Africa Electrical Steels Sales Market Share in Volume by Application in 2025 Figure 42. Middle East and Africa Electrical Steels Sales Market Share in Value by Application in 2025 Figure 43. North America Electrical Steels Sales by Country: 2021 VS 2025 VS 2032 (K MT) Figure 44. North America Electrical Steels Sales Share by Country: 2021 VS 2025 VS 2032 Figure 45. North America Electrical Steels Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 46. North America Electrical Steels Market Share by Country: 2021 VS 2025 VS 2032 Figure 47. Europe Electrical Steels Sales by Country: 2021 VS 2025 VS 2032 (K MT) Figure 48. Europe Electrical Steels Sales Share by Country: 2021 VS 2025 VS 2032 Figure 49. Europe Electrical Steels Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 50. Europe Electrical Steels Market Share by Country: 2021 VS 2025 VS 2032 Figure 51. Asia-Pacific Electrical Steels Sales by Country: 2021 VS 2025 VS 2032 (K MT) Figure 52. Asia-Pacific Electrical Steels Sales Share by Country: 2021 VS 2025 VS 2032 Figure 53. Asia-Pacific Electrical Steels Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 54. Asia-Pacific Electrical Steels Market Share by Country: 2021 VS 2025 VS 2032 Figure 55. Latin America Electrical Steels Sales by Country: 2021 VS 2025 VS 2032 (K MT) Figure 56. Latin America Electrical Steels Sales Share by Country: 2021 VS 2025 VS 2032 Figure 57. Latin America Electrical Steels Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 58. Latin America Electrical Steels Market Share by Country: 2021 VS 2025 VS 2032 Figure 59. Middle East and Africa Electrical Steels Sales by Country: 2021 VS 2025 VS 2032 (K MT) Figure 60. Middle East and Africa Electrical Steels Sales Share by Country: 2021 VS 2025 VS 2032 Figure 61. Middle East and Africa Electrical Steels Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 62. Middle East and Africa Electrical Steels Market Share by Country: 2021 VS 2025 VS 2032 Figure 63. Electrical Steels Value Chain Figure 64. Key Raw Materials Price Figure 65. Manufacturing Cost Structure Figure 66. Electrical Steels Production Mode & Process Figure 67. Direct Comparison with Distribution Share Figure 68. Distributors Profiles Figure 69. Years Considered Figure 70. Research Process Figure 71. Key Executives Interviewed

Scope & coverage.

Types
  • Oriented Electrical Steels
  • Non-Oriented Electrical Steels
Applications
  • Transformer
  • Power Generator
  • Electric Motor
  • Others
Companies covered
  • Baowu Group
  • AK Steel
  • Ansteel
  • ArcelorMittal
  • Benxi Iron & Steel (Group)
  • CSC
  • JFE Steel
  • Nippon Steel Corporation
  • NLMK Group
  • Posco
  • Shougang Group
  • Stalprodukt S.A.
  • TATA Steel
  • ThyssenKrupp
  • TISCO
  • Voestalpine
  • Masteel
  • APERAM
  • Nucor
  • ATI Metals

Inside the report.

1 Market Overview
  1. 1.1 Product Definition
  2. 1.2 Global Market Growth Prospects
  3. 1.2.1 Global Electrical Steels Market Size Estimates and Forecasts (2021-2032)
  4. 1.2.2 Global Electrical Steels Sales Estimates and Forecasts (2021-2032)
  5. 1.3 Electrical Steels Market by Type
  6. 1.3.1 Oriented Electrical Steels
  7. 1.3.2 Non-Oriented Electrical Steels
  8. 1.4 Global Electrical Steels Market Size by Type
  9. 1.4.1 Global Electrical Steels Market Size Overview by Type (2021-2032)
  10. 1.4.2 Global Electrical Steels Historic Market Size Review by Type (2021-2026)
  11. 1.4.3 Global Electrical Steels Forecasted Market Size by Type (2027-2032)
  12. 1.5 Key Regions Market Size by Type
  13. 1.5.1 North America Electrical Steels Sales Breakdown by Type (2021-2026)
  14. 1.5.2 Europe Electrical Steels Sales Breakdown by Type (2021-2026)
  15. 1.5.3 Asia-Pacific Electrical Steels Sales Breakdown by Type (2021-2026)
  16. 1.5.4 South America Electrical Steels Sales Breakdown by Type (2021-2026)
  17. 1.5.5 Middle East and Africa Electrical Steels Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
  1. 2.1 Electrical Steels Industry Trends
  2. 2.2 Electrical Steels Industry Drivers
  3. 2.3 Electrical Steels Industry Opportunities and Challenges
  4. 2.4 Electrical Steels Industry Restraints
3 Market Competitive Landscape by Company
  1. 3.1 Global Top Players by Electrical Steels Revenue (2021-2026)
  2. 3.2 Global Top Players by Electrical Steels Sales (2021-2026)
  3. 3.3 Global Top Players by Electrical Steels Price (2021-2026)
  4. 3.4 Global Electrical Steels Industry Company Ranking, 2024 VS 2025 VS 2026
  5. 3.5 Global Electrical Steels Major Company Production Sites & Headquarters
  6. 3.6 Global Electrical Steels Company, Product Type & Application
  7. 3.7 Global Electrical Steels Company Establishment Date
  8. 3.8 Market Competitive Analysis
  9. 3.8.1 Global Electrical Steels Market CR5 and HHI
  10. 3.8.2 Global Top 5 and 10 Electrical Steels Players Market Share by Revenue in 2025
  11. 3.8.3 2025 Electrical Steels Tier 1, Tier 2, and Tier 3
4 Electrical Steels Regional Status and Outlook
  1. 4.1 Global Electrical Steels Market Size and CAGR by Region: 2021 VS 2025 VS 2032
  2. 4.2 Global Electrical Steels Historic Market Size by Region
  3. 4.2.1 Global Electrical Steels Sales in Volume by Region (2021-2026)
  4. 4.2.2 Global Electrical Steels Sales in Value by Region (2021-2026)
  5. 4.2.3 Global Electrical Steels Sales (Volume & Value), Price and Gross Margin (2021-2026)
  6. 4.3 Global Electrical Steels Forecasted Market Size by Region
  7. 4.3.1 Global Electrical Steels Sales in Volume by Region (2027-2032)
  8. 4.3.2 Global Electrical Steels Sales in Value by Region (2027-2032)
  9. 4.3.3 Global Electrical Steels Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Electrical Steels by Application
  1. 5.1 Electrical Steels Market by Application
  2. 5.1.1 Transformer
  3. 5.1.2 Power Generator
  4. 5.1.3 Electric Motor
  5. 5.1.4 Others
  6. 5.2 Global Electrical Steels Market Size by Application
  7. 5.2.1 Global Electrical Steels Market Size Overview by Application (2021-2032)
  8. 5.2.2 Global Electrical Steels Historic Market Size Review by Application (2021-2026)
  9. 5.2.3 Global Electrical Steels Forecasted Market Size by Application (2027-2032)
  10. 5.3 Key Regions Market Size by Application
  11. 5.3.1 North America Electrical Steels Sales Breakdown by Application (2021-2026)
  12. 5.3.2 Europe Electrical Steels Sales Breakdown by Application (2021-2026)
  13. 5.3.3 Asia-Pacific Electrical Steels Sales Breakdown by Application (2021-2026)
  14. 5.3.4 South America Electrical Steels Sales Breakdown by Application (2021-2026)
  15. 5.3.5 Middle East and Africa Electrical Steels Sales Breakdown by Application (2021-2026)
6 Company Profiles
  1. 6.1 Baowu Group
  2. 6.1.1 Baowu Group Company Information
  3. 6.1.2 Baowu Group Business Overview
  4. 6.1.3 Baowu Group Electrical Steels Sales, Revenue and Gross Margin (2021-2026)
  5. 6.1.4 Baowu Group Electrical Steels Product Portfolio
  6. 6.1.5 Baowu Group Recent Developments
  7. 6.2 AK Steel
  8. 6.2.1 AK Steel Company Information
  9. 6.2.2 AK Steel Business Overview
  10. 6.2.3 AK Steel Electrical Steels Sales, Revenue and Gross Margin (2021-2026)
  11. 6.2.4 AK Steel Electrical Steels Product Portfolio
  12. 6.2.5 AK Steel Recent Developments
  13. 6.3 Ansteel
  14. 6.3.1 Ansteel Company Information
  15. 6.3.2 Ansteel Business Overview
  16. 6.3.3 Ansteel Electrical Steels Sales, Revenue and Gross Margin (2021-2026)
  17. 6.3.4 Ansteel Electrical Steels Product Portfolio
  18. 6.3.5 Ansteel Recent Developments
  19. 6.4 ArcelorMittal
  20. 6.4.1 ArcelorMittal Company Information
  21. 6.4.2 ArcelorMittal Business Overview
  22. 6.4.3 ArcelorMittal Electrical Steels Sales, Revenue and Gross Margin (2021-2026)
  23. 6.4.4 ArcelorMittal Electrical Steels Product Portfolio
  24. 6.4.5 ArcelorMittal Recent Developments
  25. 6.5 Benxi Iron & Steel (Group)
  26. 6.5.1 Benxi Iron & Steel (Group) Company Information
  27. 6.5.2 Benxi Iron & Steel (Group) Business Overview
  28. 6.5.3 Benxi Iron & Steel (Group) Electrical Steels Sales, Revenue and Gross Margin (2021-2026)
  29. 6.5.4 Benxi Iron & Steel (Group) Electrical Steels Product Portfolio
  30. 6.5.5 Benxi Iron & Steel (Group) Recent Developments
  31. 6.6 CSC
  32. 6.6.1 CSC Company Information
  33. 6.6.2 CSC Business Overview
  34. 6.6.3 CSC Electrical Steels Sales, Revenue and Gross Margin (2021-2026)
  35. 6.6.4 CSC Electrical Steels Product Portfolio
  36. 6.6.5 CSC Recent Developments
  37. 6.7 JFE Steel
  38. 6.7.1 JFE Steel Company Information
  39. 6.7.2 JFE Steel Business Overview
  40. 6.7.3 JFE Steel Electrical Steels Sales, Revenue and Gross Margin (2021-2026)
  41. 6.7.4 JFE Steel Electrical Steels Product Portfolio
  42. 6.7.5 JFE Steel Recent Developments
  43. 6.8 Nippon Steel Corporation
  44. 6.8.1 Nippon Steel Corporation Company Information
  45. 6.8.2 Nippon Steel Corporation Business Overview
  46. 6.8.3 Nippon Steel Corporation Electrical Steels Sales, Revenue and Gross Margin (2021-2026)
  47. 6.8.4 Nippon Steel Corporation Electrical Steels Product Portfolio
  48. 6.8.5 Nippon Steel Corporation Recent Developments
  49. 6.9 NLMK Group
  50. 6.9.1 NLMK Group Company Information
  51. 6.9.2 NLMK Group Business Overview
  52. 6.9.3 NLMK Group Electrical Steels Sales, Revenue and Gross Margin (2021-2026)
  53. 6.9.4 NLMK Group Electrical Steels Product Portfolio
  54. 6.9.5 NLMK Group Recent Developments
  55. 6.10 Posco
  56. 6.10.1 Posco Company Information
  57. 6.10.2 Posco Business Overview
  58. 6.10.3 Posco Electrical Steels Sales, Revenue and Gross Margin (2021-2026)
  59. 6.10.4 Posco Electrical Steels Product Portfolio
  60. 6.10.5 Posco Recent Developments
  61. 6.11 Shougang Group
  62. 6.11.1 Shougang Group Company Information
  63. 6.11.2 Shougang Group Business Overview
  64. 6.11.3 Shougang Group Electrical Steels Sales, Revenue and Gross Margin (2021-2026)
  65. 6.11.4 Shougang Group Electrical Steels Product Portfolio
  66. 6.11.5 Shougang Group Recent Developments
  67. 6.12 Stalprodukt S.A.
  68. 6.12.1 Stalprodukt S.A. Company Information
  69. 6.12.2 Stalprodukt S.A. Business Overview
  70. 6.12.3 Stalprodukt S.A. Electrical Steels Sales, Revenue and Gross Margin (2021-2026)
  71. 6.12.4 Stalprodukt S.A. Electrical Steels Product Portfolio
  72. 6.12.5 Stalprodukt S.A. Recent Developments
  73. 6.13 TATA Steel
  74. 6.13.1 TATA Steel Company Information
  75. 6.13.2 TATA Steel Business Overview
  76. 6.13.3 TATA Steel Electrical Steels Sales, Revenue and Gross Margin (2021-2026)
  77. 6.13.4 TATA Steel Electrical Steels Product Portfolio
  78. 6.13.5 TATA Steel Recent Developments
  79. 6.14 ThyssenKrupp
  80. 6.14.1 ThyssenKrupp Company Information
  81. 6.14.2 ThyssenKrupp Business Overview
  82. 6.14.3 ThyssenKrupp Electrical Steels Sales, Revenue and Gross Margin (2021-2026)
  83. 6.14.4 ThyssenKrupp Electrical Steels Product Portfolio
  84. 6.14.5 ThyssenKrupp Recent Developments
  85. 6.15 TISCO
  86. 6.15.1 TISCO Company Information
  87. 6.15.2 TISCO Business Overview
  88. 6.15.3 TISCO Electrical Steels Sales, Revenue and Gross Margin (2021-2026)
  89. 6.15.4 TISCO Electrical Steels Product Portfolio
  90. 6.15.5 TISCO Recent Developments
  91. 6.16 Voestalpine
  92. 6.16.1 Voestalpine Company Information
  93. 6.16.2 Voestalpine Business Overview
  94. 6.16.3 Voestalpine Electrical Steels Sales, Revenue and Gross Margin (2021-2026)
  95. 6.16.4 Voestalpine Electrical Steels Product Portfolio
  96. 6.16.5 Voestalpine Recent Developments
  97. 6.17 Masteel
  98. 6.17.1 Masteel Company Information
  99. 6.17.2 Masteel Business Overview
  100. 6.17.3 Masteel Electrical Steels Sales, Revenue and Gross Margin (2021-2026)
  101. 6.17.4 Masteel Electrical Steels Product Portfolio
  102. 6.17.5 Masteel Recent Developments
  103. 6.18 APERAM
  104. 6.18.1 APERAM Company Information
  105. 6.18.2 APERAM Business Overview
  106. 6.18.3 APERAM Electrical Steels Sales, Revenue and Gross Margin (2021-2026)
  107. 6.18.4 APERAM Electrical Steels Product Portfolio
  108. 6.18.5 APERAM Recent Developments
  109. 6.19 Nucor
  110. 6.19.1 Nucor Company Information
  111. 6.19.2 Nucor Business Overview
  112. 6.19.3 Nucor Electrical Steels Sales, Revenue and Gross Margin (2021-2026)
  113. 6.19.4 Nucor Electrical Steels Product Portfolio
  114. 6.19.5 Nucor Recent Developments
  115. 6.20 ATI Metals
  116. 6.20.1 ATI Metals Company Information
  117. 6.20.2 ATI Metals Business Overview
  118. 6.20.3 ATI Metals Electrical Steels Sales, Revenue and Gross Margin (2021-2026)
  119. 6.20.4 ATI Metals Electrical Steels Product Portfolio
  120. 6.20.5 ATI Metals Recent Developments
7 North America by Country
  1. 7.1 North America Electrical Steels Sales by Country
  2. 7.1.1 North America Electrical Steels Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 7.1.2 North America Electrical Steels Sales by Country (2021-2026)
  4. 7.1.3 North America Electrical Steels Sales Forecast by Country (2027-2032)
  5. 7.2 North America Electrical Steels Market Size by Country
  6. 7.2.1 North America Electrical Steels Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 7.2.2 North America Electrical Steels Market Size by Country (2021-2026)
  8. 7.2.3 North America Electrical Steels Market Size Forecast by Country (2027-2032)
8 Europe by Country
  1. 8.1 Europe Electrical Steels Sales by Country
  2. 8.1.1 Europe Electrical Steels Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 8.1.2 Europe Electrical Steels Sales by Country (2021-2026)
  4. 8.1.3 Europe Electrical Steels Sales Forecast by Country (2027-2032)
  5. 8.2 Europe Electrical Steels Market Size by Country
  6. 8.2.1 Europe Electrical Steels Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 8.2.2 Europe Electrical Steels Market Size by Country (2021-2026)
  8. 8.2.3 Europe Electrical Steels Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
  1. 9.1 Asia-Pacific Electrical Steels Sales by Country
  2. 9.1.1 Asia-Pacific Electrical Steels Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 9.1.2 Asia-Pacific Electrical Steels Sales by Country (2021-2026)
  4. 9.1.3 Asia-Pacific Electrical Steels Sales Forecast by Country (2027-2032)
  5. 9.2 Asia-Pacific Electrical Steels Market Size by Country
  6. 9.2.1 Asia-Pacific Electrical Steels Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 9.2.2 Asia-Pacific Electrical Steels Market Size by Country (2021-2026)
  8. 9.2.3 Asia-Pacific Electrical Steels Market Size Forecast by Country (2027-2032)
10 South America by Country
  1. 10.1 South America Electrical Steels Sales by Country
  2. 10.1.1 South America Electrical Steels Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 10.1.2 South America Electrical Steels Sales by Country (2021-2026)
  4. 10.1.3 South America Electrical Steels Sales Forecast by Country (2027-2032)
  5. 10.2 South America Electrical Steels Market Size by Country
  6. 10.2.1 South America Electrical Steels Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 10.2.2 South America Electrical Steels Market Size by Country (2021-2026)
  8. 10.2.3 South America Electrical Steels Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
  1. 11.1 Middle East and Africa Electrical Steels Sales by Country
  2. 11.1.1 Middle East and Africa Electrical Steels Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 11.1.2 Middle East and Africa Electrical Steels Sales by Country (2021-2026)
  4. 11.1.3 Middle East and Africa Electrical Steels Sales Forecast by Country (2027-2032)
  5. 11.2 Middle East and Africa Electrical Steels Market Size by Country
  6. 11.2.1 Middle East and Africa Electrical Steels Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 11.2.2 Middle East and Africa Electrical Steels Market Size by Country (2021-2026)
  8. 11.2.3 Middle East and Africa Electrical Steels Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
  1. 12.1 Electrical Steels Value Chain Analysis
  2. 12.1.1 Electrical Steels Key Raw Materials
  3. 12.1.2 Key Raw Materials Price
  4. 12.1.3 Raw Materials Key Suppliers
  5. 12.1.4 Manufacturing Cost Structure
  6. 12.1.5 Electrical Steels Production Mode & Process
  7. 12.2 Electrical Steels Sales Channels Analysis
  8. 12.2.1 Direct Comparison with Distribution Share
  9. 12.2.2 Electrical Steels Distributors
  10. 12.2.3 Electrical Steels Customers
13 Concluding Insights
    14 Appendix
    1. 14.1 Reasons for Doing This Study
    2. 14.2 Research Methodology
    3. 14.3 Research Process
    4. 14.4 Authors List of This Report
    5. 14.5 Data Source
    6. 14.5.1 Secondary Sources
    7. 14.5.2 Primary Sources
    8. 14.6 Disclaimer

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