Monthly Electrical Steel Market Report Aug 2018

Prices of non-grain oriented electrical steel in major markets of China witnessed an upward trend during this month mainly supported by high purchase cost and the low market inventory, while those of grain oriented electrical steel went down on weak customer demand.Asian Metal Copyright Traders were not confident of the market outlook and refused to build large stockpiles.Asian Metal Copyright Steel mills such as Baosteel and WISCO announced to keep their list prices of NGO electrical steel stable for September production.Asian Metal Copyright However, as it was the traditionally low season, demand from downstream customers continued to be weak and the market sales performance did not become better.Asian Metal Copyright However, as it was the traditionally low season, demand from downstream customers continued to be weak and the market sales performance did not become better.Asian Metal Copyright .Asian Metal Copyright Traders were not confident of the market outlook and refused to build large stockpiles.Asian Metal Copyright Insiders think the market is hard to improve in the coming month.Asian Metal Copyright Insiders think the market is hard to improve in the coming month.


.Asian Metal CopyrightPrices of non-grain oriented electrical steel in major markets of China witnessed an upward trend during this month mainly supported by high purchase cost and the low market inventory, while those of grain oriented electrical steel went down on weak customer demandAsian Metal Copyright