In various regions, the factory prices

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Silicon steel
On July 4, domestic non-alloy silicon steel prices remained stable. In the market, futures electronic trading showed a hesitant upward trend, and non-alloy silicon steel prices remained basically stable. As the market enters the off-season, orders from the downstream sector gradually weaken, and purchases are mainly made as needed. Market demand continues to decline, and inventory levels remain relatively high, leading to a cautious mood among traders. On July 5, domestic spot silicon steel prices are expected to remain basically stable with local adjustments.

Stainless Steel Stainless steel futures traded in a narrow range and moved higher on July 4, closing 0.25% higher at 14,175 yuan per tonne. Spot stainless steel prices edged up slightly in the afternoon. A new batch of benchmark prices from steel mills in southern China showed gains, prompting spot traders to raise their prices slightly.



6. Spot price of raw materials
Iron ore
On July 4, the iron ore spot index at the port was as follows: the 62% index was 861 (unchanged), the 58% index was 769 (up 6), and the 65% index was 1005 (unchanged). The lump ore premium at the port was $0.2802 per dry ton, up $0.018.

In the port of Qingdao:

- PB fines are estimated at 851 yuan (approximately $112.17 per dry ton).

- Newman fines are estimated at 864 yuan (approximately $112.70 per dry ton).

- Carajas fines are estimated at 1,010 yuan (approximately $133.01 per dry ton).

- Super Special fines are estimated at 682 yuan (approximately $89.25 per dry ton).

Coke
On July 4, the metallurgical coke price in Tangshan, China, temporarily stabilized. The current main transaction price in the market is 2,360 yuan/ton for dry quenching first grade coke and 1,960 yuan/ton for quasi-first hungary number data grade wet quenching coke, both prices are tax-inclusive and are factory cash prices.

Scrap metal
On July 4, the Zhangjiagang scrap metal market was stable. The current main market prices excluding taxes are: heavy scrap raw materials 2440-2520, steel pipes 2270-2390, silicon steel sheets 2550-2590, cold-rolled and hot-rolled materials 2470-2550, chips 2340-2400, rebar granules 2610-2710, straight rebar 2530-2610, crushed materials with a specific gravity of 1.2 and above 2520-2600, unit: yuan/ton.