Electrical Steel Market Report October 2014
2014-11-04 08:55:23 【Print】
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Market prices for grain oriented electrical steel showed an upward trend this month as WISCO and Baosteel both raised their ex-works prices for the material. Meanwhile, market prices for non-grain oriented electrical steel were powerless to increase, as the leading producers’ ex-works prices were either unchanged or on the decline
. Considering the weak demand from downstream industries, insiders believe electrical steel prices are unlikely to increase next month.