Telah Terbit: Aug 9, 2024 17:32
【There is still room for price cuts of non-oriented silicon steel in Shanghai market, and price stabilization can be achieved through production reduction】In the short term, there is still room for price cuts of non-oriented silicon steel in Shanghai market, especially for state-owned enterprises' resources. In August, the actual order price of Baowu Steel fell by 150-200 yuan/ton, and it is expected that the order guidance price in September will most likely fall, and the spot prices of other state-owned enterprises' resources will follow suit. Overall, the current domestic steel prices have fallen to the lowest point in nearly five years...

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