Silicon steel sheet prices in local Chinese market - week 50, 2023

Wednesday, 13 December 2023 15:01:28 (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      

5,300 

745 

+80 

Wuhan      

5,300 

745 

- 

Guangzhou      

5,600 

787 

+50 

Average      

5,400 

759 

+43 

50WW800      

Shanghai      

5,150 

724 

+80 

Wuhan      

5,150 

724 

- 

Guangzhou      

5,350 

752 

+50 

Average      

5,217 

733 

+43 

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

$1 = RMB 7.1126

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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