Monthly Electrical Steel Market Report Apr 2018

Prices of non-grain oriented electrical steel in major markets of China went down further during this month on weak customer demand and decrease in steel mills' list prices, while those of grain oriented electrical steel kept the upward trend mainly supported by higher purchase cost and the low market inventory.Asian Metal Copyright Insiders do not expect the market to improve in the coming month.Asian Metal Copyright All steel mills such as Baosteel, WISCO and Ansteel announced to cut their list prices of NGO electrical steel for May production.Asian Metal CopyrightPrices of non-grain oriented electrical steel in major markets of China went down further during this month on weak customer demand and decrease in steel mills' list prices, while those of grain oriented electrical steel kept the upward trend mainly supported by higher purchase cost and the low market inventory.Asian Metal Copyright Besides, some steel mills conducted the yearly maintenance and the supply decreased accordingly.Asian Metal Copyright Besides, some steel mills conducted the yearly maintenance and the supply decreased accordingly.Asian Metal Copyright As demand from customers did not become better, the market sales performance continued to be bad.Asian Metal Copyright Insiders do not expect the market to improve in the coming month.Asian Metal Copyright Traders were not optimistic about the market outlook and refused to build large stockpiles.Asian Metal Copyright As demand from customers did not become better, the market sales performance continued to be bad.Asian Metal Copyright Insiders do not expect the market to improve in the coming month.


.Asian Metal Copyright Besides, some steel mills conducted the yearly maintenance and the supply decreased accordinglyAsian Metal Copyright