Electrical Steel Market Report December 2015

Electrical steel prices showed differing trends this month.Asian Metal Copyright As for grain oriented electrical steel, prices are likely to maintain their downward trend in January, given the abundant supply and weak downstream demand.Asian Metal Copyright Non-grain oriented electrical steel prices started to increase in the middle of the month, supported by higher raw material prices and the tight supply.Asian Metal Copyright As for grain oriented electrical steel, prices are likely to maintain their downward trend in January, given the abundant supply and weak downstream demand.Asian Metal Copyright However, grain oriented electrical steel prices decreased to some extent, with downstream demand remaining weak.Asian Metal CopyrightElectrical steel prices showed differing trends this month.Asian Metal Copyright Domestic producers’ output of non-grain oriented electrical steel didn’t reach the levels of October and November, and the supply is likely to remain tight for some time.Asian Metal Copyright As for grain oriented electrical steel, prices are likely to maintain their downward trend in January, given the abundant supply and weak downstream demand.Asian Metal Copyright Therefore, insiders believe Chinese non-grain oriented electrical steel prices will continue to go up next month.Asian Metal Copyright Domestic producers’ output of non-grain oriented electrical steel didn’t reach the levels of October and November, and the supply is likely to remain tight for some time.Asian Metal Copyright As for grain oriented electrical steel, prices are likely to maintain their downward trend in January, given the abundant supply and weak downstream demand.
.Asian Metal Copyright Therefore, insiders believe Chinese non-grain oriented electrical steel prices will continue to go up next monthAsian Metal Copyright