China’s hot-rolled (HR) product prices increased steadily from the beginning of November. The reasons were that the market expected the US Federal Reserve (FED) might slow down the increasing rate and the US economy returns to optimism.

Oriented silicon steel(Oriented Electrical Steel) is mainly used to make transformer cores and stator cores of large generators, and is one of the most important functional materials for the development of the power industry.

Grain oriented electrical steel is an important material in the production of energy efficient transformers and large, high performance generators.

Silicon steel, also called lamination steel, silicon electrical steel, electrical steel or transformer steel, is a material used to produce certain magnetic cores, such as stators and rotors in transformers and motors. Electrical steel is also an indispensable material for the power, electronics and military industries.