Electrical Steel Market Report January 2013
2013-02-05 17:15:06 【Print】
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This month, Baosteel and WISCO increased list prices of silicon steel by RMB200-300/t (VAT excluded) this month
. As a result, prices of silicon steel in prevailing markets witnessed an upward trend due to higher list prices . Most traders are confident of the market after Spring Festival, and they are likely to continue to increase offers considering the high purchase cost . Insiders foresee a higher market price next month .