[SMM News Flash: National Standard for Transformer Energy Efficiency Updated, How Much Will It Impact Oriented Silicon Steel?] On April 29th this year, the national standard for power transformers GB20052-2024 "Limited Values and Efficiency Grades of Energy Efficiency for Power Transformers" was officially released and will be implemented on February 1st, 2025. The transformer industry is a major downstream consumer of oriented silicon steel. With the improvement of the energy efficiency standards for new energy transformers, the grades of silicon steel used in transformer cores will also be upgraded.
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.