Electrical Steel Market Report February 2015
2015-03-04 18:00:02 【Print】
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Market prices for non-grain oriented electrical steel maintained their downward trend this month, impacted by the weak demand from downstream industries
. However, prices for grain oriented electrical steel remained stable, supported by the leading producers’ firm ex-works prices . Demand for non-grain oriented electrical steel from the downstream motor manufacturing industry is unlikely to be released quickly . Meanwhile, interest in grain oriented electrical steel from state grid construction is expected to be strong . Therefore, insiders believe non-grain oriented electrical steel prices will continue to go down in March, while prices for grain oriented electrical steel will remain firm.