The Global Non Grain-oriented Electrical Steel Market was valued at USD 19.39 Billion in 2022 and is projected to reach USD 22.85 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 2.4% during the forecast period (2023–2030). This sustained growth is primarily fueled by the global push for electrification, increasing demand for energy-efficient motors, and the robust expansion of the electric vehicle (EV) and renewable energy sectors.

As industries worldwide transition towards smarter, more efficient energy use, the demand for high-performance magnetic materials is accelerating. Non Grain-oriented Electrical Steel (NGO ES) is at the heart of this transformation, serving as a critical component in everything from electric car drivetrains to industrial generators. In this blog, we profile the Top 10 Companies in the Non Grain-oriented Electrical Steel Industry—a group of global steel giants and specialized producers shaping the future of electrification.

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🔟 1. Baowu Group (China Baowu Steel Group Corp., Ltd.)

Headquarters: Shanghai, China
Key Offering: High-grade Non Grain-oriented Electrical Steel for EVs, generators, and industrial motors

Baowu Group is the world’s largest steel producer and a dominant force in the electrical steel market. The company has invested heavily in advanced production technologies to manufacture high-efficiency, low-iron-loss NGO ES, catering to the stringent requirements of the automotive and energy sectors.

Innovation and Capacity:

• Leading R&D in high-silicon steel grades for ultra-high efficiency

• Massive production scale ensuring global supply chain stability

• Strategic partnerships with major global automotive OEMs

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9️⃣ 2. Nippon Steel Corporation

Headquarters: Tokyo, Japan
Key Offering: Premium grade NGO ES, including high-permeability and thin-gauge varieties

Nippon Steel is a technological leader renowned for its high-quality electrical steels. The company’s products are essential for high-performance applications, particularly in the precision motors used in hybrid and electric vehicles, where efficiency and power density are paramount.

Innovation and Capacity:

• Pioneer in developing grain-oriented and non-oriented steel technologies

• Continuous investment in R&D for next-generation magnetic materials

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8️⃣ 3. Posco

Headquarters: Pohang, South Korea
Key Offering: Widest range of NGO ES grades for motors and small transformers

Posco is a major global steelmaker with a strong focus on high-value-added products like electrical steel. The company has a significant market share in Asia and supplies key players in the appliance and automotive industries with its reliable NGO ES products.

Innovation and Capacity:

• Development of eco-friendly electrical steel production processes

• Expansion of high-grade steel capacity to meet EV demand

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7️⃣ 4. JFE Steel Corporation

Headquarters: Tokyo, Japan
Key Offering: JNE series NGO ES with superior magnetic properties

JFE Steel, another Japanese powerhouse, competes at the forefront of electrical steel technology. Its JNE series is designed to minimize energy loss in motors, making it a preferred choice for manufacturers aiming to meet stringent global energy efficiency standards.

Innovation and Capacity:

• Focus on producing steels with extremely low core loss

• Advanced coating technologies for enhanced motor performance

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6️⃣ 5. ThyssenKrupp AG

Headquarters: Essen, Germany
Key Offering: High-quality NGO ES for European automotive and industrial markets

ThyssenKrupp is a leading European supplier of electrical steel, with a strong presence in the region’s automotive sector. The company provides tailored solutions for EV traction motors and other applications requiring high magnetic permeability and mechanical strength.

Innovation and Capacity:

• Specialization in tailored solutions for specific customer applications

• Commitment to sustainable production practices

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5️⃣ 6. ArcelorMittal

Headquarters: Luxembourg City, Luxembourg
Key Offering: A wide portfolio of NGO ES grades for diverse applications

As the world’s second-largest steel producer, ArcelorMittal has a significant footprint in the electrical steel market. The company’s global reach allows it to supply a broad range of industries, from heavy machinery and power generation to consumer appliances.

Innovation and Capacity:

• Global R&D network focused on material science innovation

• Investment in upgrading facilities to produce higher-value steels

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4️⃣ 7. Shougang Group

Headquarters: Beijing, China
Key Offering: Cost-competitive NGO ES for the domestic and international markets

Shougang Group is one of China’s major steel enterprises and a key producer of electrical steel. The company has been rapidly advancing its technology to produce higher grades of NGO ES, capturing a significant share of the growing Asian market.

Innovation and Capacity:

• Rapid scaling of production capacity for advanced electrical steels

• Focus on serving the booming Chinese EV and industrial sectors

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3️⃣ 8. AK Steel (Cleveland-Cliffs)

Headquarters: West Chester, Ohio, USA
Key Offering: Specialty NGO ES for the North American automotive and transformer markets

Following its acquisition by Cleveland-Cliffs, AK Steel remains a premier North American producer of electrical steels. The company is a critical supplier to the U.S. automotive industry, providing high-performance materials for electric and hybrid vehicle motors.

Innovation and Capacity:

• Strong focus on the high-performance requirements of the U.S. auto industry

• Integration into Cleveland-Cliffs creating a stronger raw material base

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2️⃣ 9. Voestalpine AG

Headquarters: Linz, Austria
Key Offering: Premium, high-precision NGO ES for technical applications

Voestalpine is a specialist in high-quality steel products, and its electrical steel division is known for precision and reliability. The company serves demanding sectors such as industrial automation, premium automotive, and specialized electrical engineering.

Innovation and Capacity:

• Expertise in producing tailored magnetic properties for specific uses

• Leader in the European market for high-end electrical steel products

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1️⃣ 10. TISCO (Taiyuan Iron & Steel Group)

Headquarters: Taiyuan, Shanxi, China
Key Offering: Specialty steel products, including niche NGO ES grades

TISCO, a subsidiary of China Baowu Steel Group, is a significant producer of specialty steels, including electrical grades. The company leverages its expertise in alloy steels to produce NGO ES that meets specific performance criteria for various industrial applications.

Innovation and Capacity:

• Specialization in producing steel with unique magnetic and physical properties

• Strategic importance within the Baowu group’s overall product portfolio

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🌍 Outlook: The Future of Non Grain-oriented Electrical Steel Is High-Efficiency and Application-Specific

The Non Grain-oriented Electrical Steel market is experiencing a fundamental shift driven by technological advancement and regulatory pressures for energy efficiency. While traditional applications still consume significant volumes, the industry is increasingly focused on developing advanced high-silicon steels, thin-gauge materials, and application-specific solutions.

📈 Key Trends Shaping the Market:

• Rising demand for high-permeability, low-core-loss steels for EV traction motors

• Increasing stringency of global energy efficiency standards (e.g., IE4, IE5) for motors

• Growth in renewable energy infrastructure driving demand for generator steels

• Technological innovation in production processes to reduce costs and improve performance

Get Full Report Here: Non Grain-oriented Electrical Steel Market – View in Detailed Research Report

The companies listed above are not only supplying a critical material—they are enabling the global transition to a more electrified and efficient world.