Electrical Steel Market Report August 2017

Prices of both non-grain oriented electrical steel and grain oriented electrical steel in major markets of China witnessed an upward trend during this month mainly supported by the low market inventory and increase in steel mills’ list prices.Asian Metal Copyright Insiders think the market will remain quiet in the coming month.Asian Metal Copyright Domestic steel mills such as Baosteel and WISCO further raised their list prices for September production obviously.Asian Metal Copyright However, as demand from downstream customers remained weak amid the traditionally low season, the market sales performance continued to be bad.Asian Metal Copyright However, as demand from downstream customers remained weak amid the traditionally low season, the market sales performance continued to be bad.Asian Metal Copyright Domestic steel mills such as Baosteel and WISCO further raised their list prices for September production obviously.Asian Metal Copyright Traders refused to build large stockpiles to avoid risks and the market inventory kept low.Asian Metal Copyright Domestic steel mills such as Baosteel and WISCO further raised their list prices for September production obviously.Asian Metal Copyright Insiders think the market will remain quiet in the coming month.
.Asian Metal CopyrightPrices of both non-grain oriented electrical steel and grain oriented electrical steel in major markets of China witnessed an upward trend during this month mainly supported by the low market inventory and increase in steel mills’ list pricesAsian Metal Copyright