SUZHOU LANCELOT METAL PRODUCTS CO.,LTD

SUZHOU LANCELOT METAL PRODUCTS CO.,LTD

Latest Silicon Steel Market Update (November 12, 2025)

2025 11/13

 
  • Current Price (Nov 12, 2025):‌ 4,250 RMB/ton.
  • Recent Fluctuations:‌ No specific 7-day data available, but August prices showed overall volatility.

Key Competitors

  • Baosteel:‌ World’s largest silicon steel supplier, with cold-rolled electrical steel strip as a national champion product.
  • Wuhan Iron & Steel (WISCO):‌ Global leader in oriented silicon steel, with a new 550,000-ton/year new energy non-oriented silicon steel production line.
  • Xin Steel Group:‌ Achieved a breakthrough in 0.08mm ultra-thin non-oriented silicon steel rolling technology, ranking among China’s top three in market share.

Technological Advancements

  • Baosteel New Materials:‌ Pioneered 0.1mm ultra-thin silicon steel with lower iron loss, meeting high-speed motor demands.
  • Xin Steel Group:‌ Successfully rolled 0.08mm ultra-thin wide non-oriented silicon steel, with leading slitting technology.

Regional Expansion

  • Guangdong Zuanlei:‌ Annual silicon steel consumption of 8,000 tons, producing over 4 million transformer cores with industry-leading automation precision.
  • Loudi Silicon Electric:‌ Building a 60,000-ton high-grade silicon steel motor core base, covering full processes from stamping to die-casting.

Note: Data sources are not directly cited here but are based on the provided context.