Silicon steel sheet prices in local Chinese market - week 1, 2024

Wednesday, 03 January 2024 15:34:12 (GMT+3)   |   Shanghai

Quality        

Spec.        

City        

Price (RMB/mt)        

Price ($/mt)        

Weekly change (RMB/mt)        

0.5 mm x 1,200 mm x C        

50WW600        

Shanghai        

5,500

775

+50

Wuhan        

5,500

775

+150

Guangzhou        

5,700

803

+100

Average        

5,567

784

+100

50WW800        

Shanghai        

5,300

746

+100

Wuhan        

5,350

753

+150

Guangzhou        

5,450

768

+100

Average        

5,367

756

+117

All prices referring to non-grain oriented silicon steel sheet are ex-warehouse and include 13 percent VAT.    

$1 = RMB 7.1002

Tags: Flats China Far East 
GucciGao
Gucci Gao
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I have a degree of Master of Science in Investment Analysis from the University of Stirling. ı have started my career in SteelOrbis, covering Chinese steel markets for more than 15 years. My main responsibilities involve gathering pricing data, followed by conducting fundamental analysis and making corresponding trend predictions.

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