Launch of cold-rolled grain oriented electrical steel, ex-whs Eastern China price assessment: pricing notice

The decision to launch this price follows a one-month consultation that started on March 5 and ended on April 4, 2026. 

The price specifications is as follows:

MB-STE-0952 Electrical steel, cold-rolled grain oriented, ex-whs Eastern China, $/tonne
Quality: B23R085 & 23QG085, thickness 0.23 mm, width 1,000 mm
Quantity: 10 tonnes minimum
Location: Ex-warehouse Shanghai
Timing: 1-2 weeks
Unit: USD/tonne
Payment terms: Prompt payment upon delivery
Publication: Every second week, Friday 4-6pm Shanghai time
Notes: Inclusive of 13% VAT. The unit of assessment is $/tonne, converted from yuan/tonne.

This price assessment is part of the Fastmarkets steel package.

To provide feedback on these price assessments, or if you would like to provide price information by becoming a data submitter to these prices, please contact pricing@fastmarkets.com and steel@fastmarkets.com. Please add the subject heading “re: China electrical steel.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets pricing methodology and specification documents, go to the Fastmarkets methodology page.