thyssenkrupp Electrical Steel has received the largest ever order from Siemens Energy for bluemint® powercore® for 700 transformers in offshore wind turbines from its wind business Siemens Gamesa.
JSW made the announcement on Tuesday.
Electrical steel market size is set to surpass $22.5 billion by 2025 according to a new research report by Global Market Insights.
Future Market Insights has added a new report titled “Electrical Steel Market Segmentation by Product Type – Grain-Oriented Electrical Steel, Non-Grain Oriented Electrical Steel, Semi-Processed; By Application – Transformers, Portable, Distribution, Motors, Inductors” to their offering.
Belgium, Brussels: A pending European Commission decision on ‘Minimum Import Prices’ (MIPs) for Grain Oriented Electrical Steel (GOES) would safeguard a vital strategic subsector of the steel industry and preserve the competitiveness of the European electrical transformer business.
According to Metal Miner, the U.S. grain-oriented electrical steel (GOES) price index decreased in by 3.5% from 197 in July to 190 in August.
Switzerland, Geneva: The World Trade Organization (WTO) ruled on Friday that China was not complying with its 2012 findings that duties added to high-value grain-oriented electrical steel (GOES) products were inconsistent with the group’s rules.
USA, Washington: The United States will not go ahead with planned import duties on GOES from China, the Czech Republic, South Korea and Russia.
Germany, Dresden: The Fraunhofer Institute for Material and Beam Technology IWS is developing a new laser processing in order to reduce hysteresis loss in electrical steel.