Market Commentary

The US grain-oriented electrical steel (GOES) market is undersupplied with only one domestic producer having an estimated capacity of 220 thousand metric tonnes compared to estimated 2024 consumption (or

The International Energy Agency (IEA) and others have estimated that the average age of power transformers associated with the national US grid supplying electricity to all of the US exceeds 30 years, many closer to

The Department of Energy has released its new efficiency standards for distribution transformers that are more moderate than had been presented in the initial prosed standards, both in the time allowed for implementation (now 2029 from

You might not even know that there is a current shortage of transformers, and more importantly, you might not know just how significant this situation is to our national security and many aspects of economic development that we take for granted.

The USA has a stated goal of upgrading “The Grid” to make it more resilient, and it’s a great objective. However, any actionable plan requires a review of the availability of the fundamental materials and components that make up the grid.
Transformers – small, medium and

With extreme weather disruptions now a regular occurrence, it’s no surprise that the security, reliability and stability of power transmission all across North America is inextricably linked to a critical factor – the interconnection between

The large transformer industry for electricity supply and distribution consists of two main parts: a) Power Transformers, which handle high voltage power typically from generation to a central source of distribution, or sub-station. This is typically known as “the grid”. And b)

Last week 25 members of Congress submitted a letter to President Trump requesting tariff action on electrical steel laminations and cores imported from Mexico and Canada. These products are used in the production of transformers,