In July 2020, the price of Shougang Electric Steel will be adjusted as follows on the basis of the "Shougang Steel Products June 2020 Sales Price Policy":
1. The base price of non-oriented electrical steel is raised by 300 yuan/ton for low grades; the base price of high grades is raised by 200 yuan/ton;
2. The base price of oriented electrical steel is raised by 300 yuan/ton.
The above adjustments are all tax-free prices. This adjustment will be implemented from the date of issuance, and the power of interpretation rests with the marketing center of Shougang Corporation.
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