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Silicon steel sheet prices in local Chinese market - week 38

Wednesday, 16 September 2020 14:44:44 (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	5,750	848	+130
		Wuhan	5,800	855	+200
		Guangzhou	5,750	848	+150
		Average	5,766	850	+160
	50WW800	Shanghai	5,630	830	+130
		Wuhan	5,700	840	+200
		Guangzhou	5,650	833	+150
		Average	5,660	835	+160

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

$1 = RMB 6.7825

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.