Baoshan Iron & Steel Co Ltd (Baosteel) released its steel price policy for April on Tuesday, raising the price of oriented electrical steel by 1,000 yuan per ton. Baosteel says prices for other steel products remained the same, and it also gives discounts of 100 to 200 yuan to some of the general cold and galvanized products, the Oriental Morning Post reported Wednesday.
东方早报周三时报导，宝山钢铁有限公司周四发布其四月钢材价格政策，提高其导向电钢的价格每吨1000元。宝钢称，其它钢产品的价格保持不变，并且给一些通用的冷轧及镀锌产品100到200元的优惠。
Wuhan Iron & Steel Group's steel price policy for April also remained almost unchanged except for the price of oriented electrical steel, which was raised by 1,000 to 1,200 yuan per ton.
武汉钢铁公司四月的价格政策也基本保持不变，除了导性电钢外，其每吨提高1000-1200元
The price increase of oriented electrical steel triggered Wuhan Iron & Steel stock prices to go up by 5.98 percent, Baoshan Iron & Steel Co Ltd to increase by 1.66 percent and Angang Steel Co Ltd to rise by 1.49 percent, while most shares on the A-share market were falling Tuesday, the report said.
导电钢价格的增长触发了武钢的股票上涨了5.98%，宝钢上涨了1.66%，鞍钢上涨了1.49%，当周三A股市场的大部分股票下跌时。
Oriented electrical steel, also known as oriented silicon steel, is used for the core of transformers, rectifiers and reactors. Japan is one of China's major exporters of steel, especially high-end steel products such as oriented silicon steel. Other exporters include Korea, Russia and the US . The earthquake caused some Japanese steel mills to stop production, which will result in a decrease in its exports.
导向电钢，也被称为导向硅钢，被使用在变压器 整流器及反映器的内核上。日本是中国主要的钢材出口国，特别是像导向硅钢之类的高端产品。其它的出口国包括韩国，俄罗斯及美国。地震致使一些日本的钢厂停止生产，这将导致其出国的下降。
The report said the quake was just one of the reasons that main domestic producers raised prices. Another reason for the price hike is that in the first year of the 12th Five-Year Plan (2011-2015) period, local governments will accelerate investment and construction of smart grid, water projects and electric facilities, which will drive the demand for silicon steel.
报导称，主要的国内生产商提高价格，地震只是其中一个原因。另一个价格上涨的原因是12五期间每一年，地方政府将加速其智能电网，水力项目及电力设备的投资和建设，这将增加硅钢的需求。
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