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Electrical steel is a soft magnetic material with improved electrical properties that finds widespread use in a variety of electromagnetic devices, including tiny relays, solenoids, electric motors, generators, and many more.
Other names for electrical steel include silicon steel, transformer steel, and lamination steel. It is mostly utilized in the automotive and electrical power distribution industries.
Iron-based ferromagnetic substance called “electrical steel” has various concentrations of silicon (Si). The need for steels that can reduce heat dissipation, a problem that leads to energy waste, in electrical equipment led to the development of electrical steels.
Although iron was discovered to be the most cost-effective option, its impurities are not ideal. It was discovered that adding silicon boosts permeability, reduces hysteresis loss, and increases resistivity.
The South Korea EV Steel Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
A premium 1.5 GPa martensitic steel plate has been created, according to Hyundai Steel, for use in electric vehicles. The new plate can be used on bumpers, roof sides, and battery containers for electric vehicles (EVs) since it is flatter and has stronger crack resistance than any other product in its category, claims South Korea’s largest steelmaker.
A 1.5 GPa martensitic steel plate typically has an inadequate flatness and breaks readily as a result of hydrogen penetration.
However, to make the plate flatter, Hyundai Steel developed a thermal technology that takes the place of the quick cooling typically used in plate fabrication. In order to lessen cracking, it reduced the amount of hydrogen that entered the process.