Baosteel Electric Power Steel Price Adjustment Policy in July 2020

After research, it is determined that the domestic price of electrical steel (silicon steel) will be adjusted and announced in July 2020 on the basis of June.

1. Non-oriented electrical steel (Baoshan, Qingshan, Dongshan)

The base price of medium and low grades is raised by 300 yuan/ton, and the products of Qingshan base are raised by 50 yuan/ton.

The base price of high-efficiency and high grades is raised by 200 yuan/ton.

The price increase of C6 coating is increased by 500 yuan/ton.

2. Oriented electrical steel (Baoshan, Qingshan)

0.18, 0.20, 0.23, 0.27mm scoring products and scoring concession products are raised by 300 yuan/ton.

0.27, 0.30mmQGP, QSC increased by 300 yuan/ton.

In addition to the 120 brand, the base price of the 0.3mm series is increased by 200 yuan/ton.

Large-volume markups are raised by 100 yuan/ton.

3. The above price adjustment notice shall take effect as of the date of announcement.

4. The above price adjustment notice shall take effect as of the date of announcement