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Honglu Sanli

Market Situation of Silicon Steel

2024-01-22


The market of silicon steel has changed slightly.

Recently, the market of silicon steel has changed slightly. Now manufacturers in China are clearing inventory before holiday, which leads that price falls and reach the lowest price of the year. Although no one can predict the price after Chinese holiday, the price has trend to increase. It is better time for you to purchase and stock.

Our latest quotation is as follows:

Product

Grade

Mill

Price(USD/T)

Stock

CRGO

23/070

Baosteel

2582

100T

CRGO

23/075

Baosteel

2365

100T

CRGO

23/080

Baosteel

2278

60T

CRGO

23/085

Baosteel

1859

60T

CRGO

23/090

Baosteel

1702

110T

CRGO

23/100

Baosteel

1549

150T

CRGO

27/100

Baosteel

1549

150T

1.Price terms:FOB, Shanghai

2.Payment terms: TT, 30% deposit and the balance against BL copy

3.Compensation: 100% compensation of the value of weight of bad coils

4. Delivery time: With 15 working days after receiving deposit

5. Package: Standard seaworthy package

6. Tolerance of weight: +/- 10%

7.Period of validity: 2024.2.8

And the latest freight status updates are as follows: Because of long holiday of Chinese Spring Festival, the forwarder will stop receiving the goods and factories have also stopped taking orders after 31th January,2024. If you have demands, please arrange it in advance during this time.

Hope you can take these situations into consideration. We will fully cooperate with you and arrange everything before the holiday to ensure that you can receive the goods in time.

 

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RELEVANT INFORMATION


Silicon steel price update

2024-03-14

The price of high grade CRGO will increase and changes everyday

Market Situation of Silicon Steel

2024-01-22

The market of silicon steel has changed slightly.
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