The Global Non-oriented Electrical Silicon Steel Market is a cornerstone of the modern electrical and electronics industry, with an estimated valuation of USD 28.5 Billion in 2024 and projected to reach USD 38.2 Billion by 2029, growing at a Compound Annual Growth Rate (CAGR) of 6.0% during the forecast period (2024–2029). This robust growth is being fueled by the global push for energy efficiency, the rapid expansion of the electric vehicle (EV) market, and increasing investments in renewable energy infrastructure, all of which rely heavily on high-performance magnetic materials.

As industries worldwide pivot towards electrification and sustainability, the demand for Non-oriented Electrical Silicon Steel (NOES), known for its excellent magnetic properties and low core loss, is surging. In this blog, we profile the Top 10 Companies in the Non-oriented Electrical Silicon Steel Industry—a mix of global steel giants and specialized manufacturers that are innovating to meet the demands of a decarbonizing economy.

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Non-oriented Electrical Silicon Steel Market – View in Detailed Research Report

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

Headquarters: Shanghai, China
Key Offering: High-grade, medium-grade, and low-grade Non-oriented Silicon Steel

Baowu Steel Group is the world’s largest steel producer and a dominant force in the electrical steel market. Its extensive portfolio of NOES products caters to a wide range of applications, from large power generators to miniature motors in consumer electronics. The company’s massive production capacity and continuous R&D investments keep it at the forefront of material innovation.

Innovation and Sustainability Initiatives:

• Pioneering the development of high-permeability, low-loss grades for next-generation EVs and high-efficiency motors.

• Implementing green manufacturing processes to reduce the carbon footprint of steel production.

• Strategic partnerships with global automotive and renewable energy companies.

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9️⃣ 2. Nippon Steel Corporation

Headquarters: Tokyo, Japan
Key Offering: Nippon Steel Non-oriented Electrical Steel Sheets

Nippon Steel is a global leader in high-quality steel products, with a renowned reputation for its advanced electrical steels. The company’s NOES is critical for high-efficiency motors used in hybrid and electric vehicles, air conditioners, and industrial equipment, known for its superior magnetic properties and consistency.

Innovation and Sustainability Initiatives:

• Development of “NSSC™” series silicon steel with ultra-low iron loss.

• Focus on producing thinner gauges to reduce eddy current losses in high-frequency applications.

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8️⃣ 3. POSCO

Headquarters: Pohang, South Korea
Key Offering: POSCO Electrical Steel (Non-oriented)

POSCO, South Korea’s largest steelmaker, is a key supplier of non-oriented electrical steel to the global market. The company’s products are essential components in the motors for EVs, home appliances, and power tools, boasting high magnetic flux density and excellent punchability.

Innovation and Sustainability Initiatives:

• Heavy investment in R&D for grades optimized for electric vehicle traction motors.

• Commitment to sustainable steelmaking through the Hydrogen Reduction Steelmaking process (HyREX).

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7️⃣ 4. JFE Steel Corporation

Headquarters: Tokyo, Japan
Key Offering: JFE Non-oriented Electrical Steel Sheet (JN Series)

JFE Steel, another Japanese titan, produces a comprehensive range of non-oriented electrical steel sheets renowned for their high efficiency. Their products are indispensable for a variety of rotating machines, contributing to energy savings in industrial and consumer applications worldwide.

Innovation and Sustainability Initiatives:

• Continuous improvement of core loss characteristics through advanced metallurgical control.

• Active role in supporting global standards for energy-efficient motor systems.

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Non-oriented Electrical Silicon Steel Market – View in Detailed Research Report

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6️⃣ 5. ThyssenKrupp AG

Headquarters: Essen, Germany
Key Offering: Non-oriented electrical steel from ThyssenKrupp Electrical Steel

ThyssenKrupp is a major European producer of high-quality electrical steel. Its non-oriented products are critical for the region’s automotive and industrial sectors, particularly for manufacturing efficient motors and generators that comply with stringent EU energy regulations.

Innovation and Sustainability Initiatives:

• Focus on producing tailor-made solutions for specific customer applications in e-mobility.

• Investment in decarbonizing steel production as part of the group’s “tkH2Steel” transformation project.

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5️⃣ 6. ArcelorMittal

Headquarters: Luxembourg City, Luxembourg
Key Offering: Non-oriented electrical steels (e.g., M250-35A, M400-50A)

As the world’s second-largest steel producer, ArcelorMittal has a significant global footprint in the electrical steel market. The company supplies a broad spectrum of NOES grades used in everything from small domestic appliances to large industrial motors, leveraging its vast distribution network.

Innovation and Sustainability Initiatives:

• Development of advanced grades with improved magnetic properties for high-speed motor applications.

• Pioneering smart carbon and carbon-neutral steelmaking technologies.

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4️⃣ 7. Shougang Group

Headquarters: Beijing, China
Key Offering: Non-oriented silicon steel products

Shougang Group is one of China’s leading steel enterprises and a major domestic supplier of electrical steel. The company has been rapidly expanding its high-end NOES production capacity to meet the booming demand from the Chinese EV and renewable energy sectors.

Innovation and Sustainability Initiatives:

• Significant capital expenditure to upgrade facilities for producing premium, high-efficiency grades.

• Focus on import substitution within the Chinese market.

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3️⃣ 8. AK Steel (Cleveland-Cliffs Inc.)

Headquarters: West Chester, Ohio, USA
Key Offering: Non-oriented electrical steels (e.g., AK Neu Plus®)

AK Steel, now a part of Cleveland-Cliffs, is a premier North American producer of electrical steels. Its products are vital for the U.S. automotive, industrial, and energy sectors, known for their consistent quality and performance in motor lamination cores.

Innovation and Sustainability Initiatives:

• Proprietary processing technologies to achieve low core loss and high permeability.

• Strategic alignment with U.S. government initiatives for strengthening the domestic EV supply chain.

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2️⃣ 9. Tata Steel

Headquarters: Mumbai, India
Key Offering: Non-oriented electrical steel sheets

Tata Steel is a leading global steel company with a strong presence in the electrical steel segment. Its NOES products serve the fast-growing Indian market and exports, supporting the country’s ambitious goals for electrification and renewable energy adoption.

Innovation and Sustainability Initiatives:

• Expansion of high-grade electrical steel production capacity in India.

• Commitment to net-zero carbon emissions by 2045.

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1️⃣ 10. Voestalpine AG

Headquarters: Linz, Austria
Key Offering: Non-oriented electrical steel strips and sheets

Voestalpine is a renowned European technology and capital goods group that produces high-precision electrical steel. Its non-oriented products are used in highly specialized applications, including high-speed motors and generators, where precision and performance are paramount.

Innovation and Sustainability Initiatives:

• Expertise in producing ultra-thin gauges for advanced automotive and aerospace applications.

• Investment in “greentec steel” program to transition to carbon-neutral production by 2050.

Read Full Report:
Non-oriented Electrical Silicon Steel Market – View in Detailed Research Report

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🌍 Outlook: The Future of Non-oriented Electrical Silicon Steel is High-Efficiency and Sustainable

The Non-oriented Electrical Silicon Steel market is at the heart of the global energy transition. As efficiency standards tighten and electrification accelerates, the industry is innovating to produce thinner, lower-loss materials that meet the demands of next-generation technologies.

📈 Key Trends Shaping the Market:

• Electric Vehicle Revolution: Surging demand for high-performance traction motors is the single largest growth driver, requiring NOES with superior magnetic properties.

• Stringent Energy Regulations: Global standards like IE4 and IE5 for motor efficiency are compelling manufacturers to adopt advanced electrical steels.

• Renewable Energy Expansion: Growth in wind and solar power generation increases the need for efficient generators and transformers.

• Material Science Advancements: R&D is focused on developing new alloys and processing techniques to further reduce core losses, especially at high frequencies.

Read Full Report:
Non-oriented Electrical Silicon Steel Market – View in Detailed Research Report

The companies listed above are not only supplying a critical industrial material—they are enabling the electrification and efficiency gains essential for a sustainable future.