Electrical Steel Market Report February 2015

Market prices for non-grain oriented electrical steel maintained their downward trend this month, impacted by the weak demand from downstream industries.Asian Metal Copyright Meanwhile, interest in grain oriented electrical steel from state grid construction is expected to be strong.Asian Metal Copyright However, prices for grain oriented electrical steel remained stable, supported by the leading producers’ firm ex-works prices.Asian Metal Copyright 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.Asian Metal Copyright Demand for non-grain oriented electrical steel from the downstream motor manufacturing industry is unlikely to be released quickly.Asian Metal CopyrightMarket prices for non-grain oriented electrical steel maintained their downward trend this month, impacted by the weak demand from downstream industries.Asian Metal Copyright Meanwhile, interest in grain oriented electrical steel from state grid construction is expected to be strong.Asian Metal Copyright Demand for non-grain oriented electrical steel from the downstream motor manufacturing industry is unlikely to be released quickly.Asian Metal Copyright 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.
.Asian Metal Copyright However, prices for grain oriented electrical steel remained stable, supported by the leading producers’ firm ex-works pricesAsian Metal Copyright