The transformer is a device that uses the principle of electromagnetic induction to change the AC voltage. The main components are the primary coil, the secondary coil, and the iron core. The iron core is the main magnetic circuit part in the transformer. It is usually formed by stacking hot-rolled or cold-rolled silicon steel sheets with high silicon content and coated with insulating paint on the surface. The iron core and the coil wound on it form a complete electromagnetic induction system.

According to foreign media Power Transformer News, the U.S. Department of Commerce recently announced that it will initiate a national security investigation on imported electrical steel and related products in accordance with the

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

In July 2020, the price of Shougang Electric Steel will be adjusted as follows on the basis of the

EU commission imposes Anti-Dumping duties on import CRGO steels originating in China, Japan, Korea, USA and Russia

China Anti-dumping Investigation against Imports of Grain Oriented Flat-rolled Electrical Steel Originated in Japan, the Republic of Korea and the EU

Domestic futures sales price adjustment for Baosteel carbon steel sheet in October 2017

Domestic futures sales price adjustment for Baosteel carbon steel sheet in November 2017

Domestic futures sales price adjustment for Baosteel carbon steel sheet in December 2017