Monthly Electrical Steel Market Report Sep 2017

Prices of non-grain oriented electrical steel in major markets of China saw a downward trend during this month on weak customer demand, while those of grain oriented electrical steel went up obviously mainly supported by the low market inventory and increase in steel mills’ list prices.Asian Metal Copyright Domestic steel mills such as Baosteel and WISCO further increased their list prices for October production.Asian Metal Copyright Domestic steel mills such as Baosteel and WISCO further increased their list prices for October production.Asian Metal Copyright Insiders do not expect the market to improve in the coming month.Asian Metal Copyright However, the market sales performance remained poor under customers’ cautious attitude.Asian Metal Copyright Having no confidence in the market outlook, traders were still reluctant to build large stockpiles and the market inventory kept low.Asian Metal Copyright Having no confidence in the market outlook, traders were still reluctant to build large stockpiles and the market inventory kept low.Asian Metal Copyright Domestic steel mills such as Baosteel and WISCO further increased their list prices for October production.Asian Metal Copyright Insiders do not expect the market to improve in the coming month.
.Asian Metal Copyright Having no confidence in the market outlook, traders were still reluctant to build large stockpiles and the market inventory kept lowAsian Metal Copyright