Monthly Electrical Steel Market Report Jun 2019

Prices of both non-grain oriented electrical steel and grain oriented electrical steel in major markets of China went down further during this month on weak customer demand and the decrease in steel mills' list prices.Asian Metal Copyright Traders were pessimistic about the market outlook and refused to build large stockpiles.Asian Metal Copyright Major steel mills such as Baosteel, WISCO and Ansteel all announced to cut their list prices of NGO electrical steel for July production.Asian Metal Copyright Insiders predict the market would keep quiet in the coming month.Asian Metal Copyright Expecting the price to drop further, customers without urgent need for materials were mostly purchasing materials for urgent need amid the traditionally low season and the market sales performance continued to be unsatisfying.Asian Metal Copyright Traders were pessimistic about the market outlook and refused to build large stockpiles.Asian Metal Copyright Traders were pessimistic about the market outlook and refused to build large stockpiles.Asian Metal Copyright Traders were pessimistic about the market outlook and refused to build large stockpiles.Asian Metal Copyright Insiders predict the market would keep quiet in the coming month.


.Asian Metal CopyrightPrices of both non-grain oriented electrical steel and grain oriented electrical steel in major markets of China went down further during this month on weak customer demand and the decrease in steel mills' list pricesAsian Metal Copyright