Market Research and Development Trends of Oriented Silicon Steel Industry
Analysis and Forecast of Downstream Sub-market Applications in the Grain-Oriented Silicon Steel Industry China’s steel industry has entered a stage of fierce competition for existing market share. In 2023, crude steel production reached 1.005 billion tons, and steel product output reached 1.4 billion tons, representing a year-on-year increase of 1.1%. Driven by technological and industrial revolutions, the steel industry is accelerating structural upgrading and developing towards mid-to-high-end products. On the consumption side, demand for construction steel has declined, while demand for high-quality special steels such as medium and heavy plates, automotive steel sheets, and silicon steel has increased. High-end steel will become the main focus of future development, and grain-oriented silicon steel is expected to become a key development area for the steel industry. Analysis of the supply situation of my country’s grain-oriented silicon steel industry ...