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Silicon steel sheet prices in local Chinese market - week 33

Wednesday, 12 August 2020 17:30:47 (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	5,370	772	+180
		Wuhan	5,300	762	+120
		Guangzhou	5,400	776	+170
		Average	5,357	770	+157
	50WW800	Shanghai	5,250	754	+180
		Wuhan	5,200	747	+120
		Guangzhou	5,250	754	+170
		Average	5,233	752	+157

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

$1 = RMB 6.9597

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.