Henan Houming Industry Co., Ltd.
Henan Houming Industry Co., Ltd.
Casa> Blog> Advantages of electrical steel (silicon steel coil) in world trade

Advantages of electrical steel (silicon steel coil) in world trade

October 24, 2024
With the expansion and improvement of energy infrastructure, especially in emerging market countries, the number of electrical appliances (especially transformers) in Asia, Africa and South America continues to increase. The construction and upgrading of power grids are accelerating. Affected by this, the demand for high-quality silicon steel in old power plants in developed countries such as Europe and the United States continues to grow. Timely updates are needed.
 
In particular, to support the expansion of infrastructure in the electric vehicle industry. Therefore, a large number of efficient power transformers are needed. Therefore, the global demand for electrical steel will continue to grow. The market potential of electrical steel is very large.
 
CRGO silicon steel-6

Over the past few years, the factory has made great developments and improvements in silicon steel production technology. In particular, the addition of silicon (Si) in specific proportions and the latest optimized melting and processing technology. This allows the production of silicon steel with higher magnetic permeability and lower iron loss. This major technological improvement has reduced the factory's production costs. It has significantly improved the performance of silicon steel while reducing costs. This has helped to reduce costs and improve quality, which has led to stronger market competitiveness in international trade.

 

In summary, electrical steel is becoming increasingly important in global international trade. In particular, the transformer industry plays an important role in the global energy transformation and environmental protection goals. With the development of various industries such as new energy and smart grids, the prospects for the silicon steel industry are also very bright. It is expected that the electrical steel market will continue to expand and become a key raw material in the global energy equipment manufacturing supply chain.

silicon coil-4

 

About Henan Houming Industrial Co., Ltd.: We are a manufacturer specializing in deep processing of prefab houses, silicon steel, corten steel plate and wear resistant steel plates. Houming adheres to the business philosophy of "seeking truth and being pragmatic" and is committed to providing customers with high-quality products and services. Through continuous technological innovation and process improvement, we have established a good reputation in the industry and won the trust and support of our customers.

 

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Ms. Ms. Lin

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