Monthly Electrical Steel Market Report May 2021
2021-06-04 08:02:46 【Print】
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Prices of non-grain oriented electrical steel in major markets of China kept the upward trend during this month mainly supported by higher purchase costs and the price increase of other steel products such as HRC and CRC, while those of grain oriented electrical steel were generally stable. Major steel mills such as Baosteel, WISCO and Ansteel all announced to raise their EXW prices of NGO electrical steel produced in June. However, as customers were still purchasing upon orders, the market sales performance continued to be unsatisfying.
