Silicon steel sheet prices in local Chinese market - week 12, 2024

Wednesday, 20 March 2024 14:59:02 (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          

5,450

768

-

Wuhan          

5,450

768

-

Guangzhou          

5,600

789

-50

Average          

5,500

775

-17

50WW800          

Shanghai          

5,300

747

-

Wuhan          

5,300

747

-

Guangzhou          

5,350

754

-50

Average          

5,317

749

-17

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

$1 = RMB 7.0968

Tags: Flats China Far East 
GucciGao
Gucci Gao
Editor
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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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