In August 2024, Jiangsu Shagang Group Co., Ltd. issued a price policy for non-oriented silicon steel:

Non-oriented silicon steel: For the specification of 0.5mm*1200mm*C with material grade SG50W800, the steel mill's guiding price has been adjusted downwards by RMB 250 per tonne compared to July 2024.

Note: The specific price is ex-factory price including tax.