Electrical Steel Market Report May 2013
2013-06-04 09:02:15 【Print】
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List prices of electrical steel from prevailing electrical steel producers in China decreased greatly this month, and market prices of electrical steel also went down accordingly during this period. However, the price of non-grain oriented electrical steel B50A800 remained unchanged supported by the low market inventory. June is not a peak season for the electrical steel industry, and the demand is likely to become weaker next month. Therefore, insiders believe prices will continue to decrease next month.
