Silicon steel prices remained weakly stable today, with the national average price for grade 800 non-oriented silicon steel at 4,263 yuan/ton, down 2 yuan/ton from the previous trading day.
Market Review:
Today, the black commodities futures market showed a slight downturn, while spot prices for silicon steel remained generally stable. Market sentiment is cautious, with overall trading activity subdued.
The mainstream grade 800 non-oriented silicon steel prices in major national cities were weakly stable, averaging 4,263 yuan/ton, down 2 yuan/ton from the prior trading day.
- Shanghai: Baosteel (600019) grade 800 quoted at 4,450 yuan/ton, unchanged day-on-day
- Guangzhou: Baosteel Zhanjiang grade 800 quoted at 4,340 yuan/ton, unchanged
- Wuhan: WISCO grade 800 quoted at 4,400 yuan/ton, unchanged
- Hangzhou: Baosteel (600019) grade 800 quoted at 4,500 yuan/ton, unchanged
- Wuxi: Shagang (002075) grade 800 quoted at 4,200 yuan/ton, unchanged