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Silicon steel sheet prices in local Chinese market - week 23

Wednesday, 03 June 2020 17:55:07 (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	4,900	689	+50
		Wuhan	4,920	692	+20
		Guangzhou	4,750	668	0
		Average	4,856	683	+23
	50WW800	Shanghai	4,800	675	+50
		Wuhan	4,820	678	+20
		Guangzhou	4,600	647	0
		Average	4,740	667	+23

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

$1 = RMB 7.1074

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.