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Silicon steel sheet prices in local Chinese market - week 11

Wednesday, 16 March 2022 15:19:04 (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	6,900	1,082	-100
		Wuhan	6,950	1,089	-50
		Guangzhou	7,100	1,113	+50
		Average	6,983	1,095	-33
	50WW800	Shanghai	6,700	1,050	-100
		Wuhan	6,750	1,058	-50
		Guangzhou	6,900	1,082	+50
		Average	6,783	1,082	-33

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

$1 = RMB 6.38

Tags: Flats China Far East Steelmaking

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.