In order to improve the magnetic properties of electrical steels, it may be desirable to increase the Si and/or Al content of the steel. A possible and alternative route to realize this is through the application of an Al-Si-rich coating on the steel substrate using a hot dipping process, followed by a diffusion annealing treatment. Previously, a series of compositions were used for dipping, namely: pure Al, Al + 10wt% Si (hypo-eutectic composition) and Al + 25wt% Si (hypereutectic composition). After these dipping experiments, and the subsequent evaluation of the coating and its formed intermetallic phases, the use of a hypo-eutectic Al-Si-bath was recommended for further investigation, because of certain advantages: i.e. hypo-eutectic concentrations allow lower dipping temperatures and reduce the formation of ordered Fe-Si-structures that cause brittleness in the coating and substrate. The present work reports on the results obtained on materials that were hot dipped in a hypo-eutectic Al-Si bath. An Al + 1wt%Si bath was used to coat electrical steel substrates with different silicon contents with dipping times, varying between 0 to 20 seconds, after a preheating of the samples to a temperature of 700°C. A thorough characterization of the formed intermetallics was made by Scanning Electron Microscopy (SEM), Energy Dispersive Spectroscopy (EDS) and X-Ray Diffraction (XRD). Three different compounds were identified as Fe2Al5, FeAl3 and a nearly pure Al phase.