Electrical Steel Market Report December 2013
2014-01-02 14:29:44 【Print】
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Prices of non-grain oriented electrical steel kept stable this month with the support of the firm ex-works price, while those of grain oriented electrical steel showed a downward trend affected by the bad market transaction
. Market participants will have a seven-day Spring Festival holiday starting at the end of January . The market of electrical steel will be half-closed one or two weeks before the Chinese Lunar New Year and traders are unlikely to adjust offers seeing the departure of customers . Insiders believe market prices will be stable next month considering the limited transaction days in January.