Publicado: Jul 26, 2024 11:43
[Weak Demand for Non-oriented Silicon Steel in Off-season, with Price Reduction Expected for Some Brands in Some Markets] On the cost side, the spot price of steel fluctuated weakly, and market transactions further weakened, dragging down the silicon steel market. In terms of the fundamentals of silicon steel, the main market prices of non-oriented silicon steel continued to decline, and traders actively shipped goods by offering concessions. In terms of resources, Baowu's resource inventory was relatively low, with most of the supply directly supplied to terminals, and the prices were relatively firm. Some state-owned enterprises and most private enterprises had more resources circulating in the market...

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