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Silicon steel sheet prices in local Chinese market - week 20

Wednesday, 13 May 2020 16:26:02 (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	4,800	677	+50
		Wuhan	4,800	677	-100
		Guangzhou	4,750	670	-30
		Average	4,783	675	-27
	50WW800	Shanghai	4,700	663	+100
		Wuhan	4,700	663	-50
		Guangzhou	4,600	649	-30
		Average	4,667	658	+7

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

$1 = RMB 7.0875

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.