<p>With the government&rsquo;s announcements of increased investment in the Steel Sector to boost the development in the country, all major steel manufacturers invested in development of new manufacturing units &amp; Plant expansions. Transformer is a key &amp; critical equipment in steel manufacturing. Raychem has developed big <a href="/transformers/special-application/furnace-transformer">transformers for Furnace applications</a> to be installed in steel plants for expansion projects of manufacturing units.</p>