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Non-oriented silicon steel price dips below cost line, market counting on UHV pr
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Date:[11/3/2016] Source：Shandong Hai Steel Co.,Ltd
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Non-oriented silicon steel price dips below cost line, market counting on UHV projects
Non-oriented silicon steel price screw downward straightly in the past year from 4000 yuan/tonne to 3000 yuan/tonne and might go down further to 2000 yuan/tonne. As for the reasons, serious oversupply, mills' hovering stockpiles, lackluster demand, user and trader's pessimistic outlook and heavily-hit market sentiment are all on the list.
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