In recently years, silicon steel raw material has a big fluctuation in the price and unexpected, there are some main factors as follows:
1. With the development of industry, China has a big economy increasing, but the environment is becoming worse and worse, the government made very strictly measures to force all the factories to reach the standard requirement in the environment protect. Many small steel factories were closed which caused high increasing price in the silicon steel raw material.
2. Constantly increasing price in house, and caused high demand for silicon steel in the domestic market.