News
📰 Monthly Steel Insights
📘 Electrical Steel – Global News Highlights
1. JSW Steel & JFE Steel Invest $669M to Expand CRGO Capacity
India’s JSW Steel and Japan’s JFE Steel will invest about $669 million to expand cold-rolled grain-oriented (CRGO) electrical steel capacity to 350,000 tons/year.
Insight: Accelerates India’s high-grade electrical steel self-sufficiency for transformers and power infrastructure.
Source: Reuters, Aug 2025 – https://www.reuters.com/world/india/indias-jsw-steel-japans-jfe-invest-669-million-boost-cold-rolled-grain-oriented-2025-08-04/
2. Global NGO Electrical Steel Market to Grow at 2.5% CAGR Through 2033
Market valued at ~$15.65B in 2025, driven mainly by motor applications.
Insight: Asia-Pacific (especially China and India) leads demand growth.
Source: Research & Markets, Aug 2025 – https://www.researchandmarkets.com/reports/4835085/2025-non-grain-oriented-electrical-steel-market
3. Brazil Extends Anti-Dumping Duties on NGO from 4 Countries
Brazil will continue anti-dumping duties on NGO from China, Taiwan, South Korea, and Germany for 5 more years.
Insight: Raises barriers for Korean exporters; strategic market review needed.
Source: Yieh.com, Jul 2025 – https://yieh.com/en/News/brazil-continues-ad-duties-on-non-grain-oriented-electrical-steel-from-4-countries/155682
4. Thyssenkrupp Launches Ultra-High Performance NGO Steel
Features 0.25 mm thickness, ≤12.5 W/kg loss at 400 Hz/1 T.
Insight: Positions thyssenkrupp as leader in e-mobility and high-efficiency generators.
Source: thyssenkrupp Steel, Jun 2025 – https://www.thyssenkrupp-steel.com/en/newsroom/press-releases/thyssenkrupp-steel-at-coiltech-usa-2025-high-performance-electric-benches-for-sustainable-e-mobility-and-energy-efficient-transformers.html
5. EV Boom Drives NGO Demand in North America
EV and hybrid sales fuel sharp increase in NGO demand; local production investment is essential.
Insight: SSMI can support site-specific investment strategies for NGO sourcing.
Source: Fastmarkets, Jun 2025 – https://www.fastmarkets.com/insights/north-american-steel-outlook-2025-demand-to-rise-with-automotive-output-2025-preview
📓 Galvanized Steel: Market Trends & Expansion
6. Global GI Coil Market to Reach $57.2B by 2035
From $32.6B in 2025, driven by infrastructure, solar, and real estate.
Insight: Strong long-term demand supports coating optimization strategies.
Source: GlobeNewswire, Mar 2025 – https://www.globenewswire.com/news-release/2025/03/04/3036767/32656/en/Galvanized-Steel-Coil-Market-for-Building-Materials-to-Reach-US-57-2-Billion-by-2035-SkyQuest-Projects.html
7. Jindal Adds 400,000-Ton GI Line in India
Focus on corrosion resistance and surface quality.
Insight: India’s infrastructure boom drives demand for high-performance GI.
Source: AINVEST, Apr 2025 – https://www.ainvest.com/news/steel-dreams-why-jindal-s-galvanizing-ambition-could-be-next-big-thing-in-indian-infrastructure-2506101030ff8ae582306acf/
8.Pre-Painted GI Sheets Market to Hit $23B by 2033
Driven by home appliances and decorative construction.
Insight: Shift toward value-added GI products; SSMI can support coating upgrades.
Source: Archive Market Research, May 2025 – https://www.archivemarketresearch.com/reports/prepainted-galvanized-steel-sheet-650994
9.Rising Costs Pressure GI Producers
Energy, raw materials, and CO₂ taxes squeeze margins.
Insight: Process optimization and energy savings become critical.
Source: JianzhiPipeFitting, Feb 2025 – https://www.jianzhipipefitting.com/2025/02/13/rising-steel-prices-in-2025-how-will-this-impact-the-cost-of-galvanized-pipe-fittings/
10.2025 Hot-Dip Galvanizing Award Winners Announced
Showcases best projects in bridges, architecture, and utilities.
Insight: Excellent benchmarking material for GI seminars.
Source: American Galvanizers Association, Jun 2025 – https://galvanizeit.org/project-gallery/