[SMM Analysis] Intensified Competition Due to Loose Supply, Non-Oriented Silicon Steel May Run Stable Next Week
![[SMM Analysis] Intensified Competition Due to Loose Supply, Non-Oriented Silicon Steel May Run Stable Next Week](https://static.metal.com/common.metal.com/images/header-en/smm-logo.png){kind=logo}
AI Briefing
- Supply and demand are in balance, leading to intensified competition among silicon steel brands.
- Downstream industries are entering the traditional off-season, reducing demand and affecting spot prices.
- Purchase willingness remains weak, with spot prices facing resistance from supply and demand dynamics.
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