Abstract: Electrical steel is an indispensable and important soft magnetic material for power, electrical appliances and military industries. It is also an energy conversion material with the largest consumption. It is the main product of energy conservation and emission reduction. It plays a key role in the generation, conversion, transmission and use of electric energy. The magnetic performance of electrical steel and the energy efficiency level of electrical appliances determine the success or failure of the "carbon peaking and carbon neutrality" strategy in the field of electrical appliances. With the implementation of energy efficiency upgrading of electric appliances in China and other countries, the downstream industry has increased demand for high-performance electrical steel. In this paper, the production status of electrical steel in China was introduced, and the impact of energy efficiency upgrading of electrical products on the structure of electrical steel products and the implementation of the "carbon peaking and carbon neutrality" strategy were analyzed. The selection of electrical steel varieties and the demand of electrical steel products were predicted. Some views on the development of electrical steel were put forward for conventional process and short process.

Key words: energy efficiency upgrading, electric appliances, electrical steel industry, thin slab continuous casting and rolling, transformer, electric motor