Silicon Steel Spot Prices May Stabilize Next Week Amid Cautious Merchant Sentiment

**Most Merchants Adopt a Cautious Stance on the Future Market; Silicon Steel Spot Prices May Remain Stable Next Week**

This week, Shanghai cold-rolled non-oriented silicon steel prices fluctuated. In the market, the overall black metal futures also experienced volatile movements this week, leading to a weakening of market trading sentiment. According to traders, spot inventories of non-oriented silicon steel produced by steel mills such as Baosteel and Shagang were tight this week. There were numerous market inquiries, but downstream terminals were reluctant to purchase at higher prices. Coupled with increased trader quotes, sales pressure emerged, resulting in a gradual decline in overall market transactions...