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Thyssenkrupp becomes first Indian company to produce CRGO steel

Updated : April 20, 2018 07:28 PM IST

CRGO steel is a specialised type of magnetic steel used almost exclusively to manufacture the power cores of electrical transformers
India’s current demand for the specialised electrical steel product is about 400,000 tonne a year
Top-grade CRGO steel can fetch prices of up to $2200 per tonne
Thyssenkrupp becomes first Indian company to produce CRGO steel

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