Roundup of June Bearing Steel Market in China

Resource from: CBCC Likes:3057

Jul 10,2006

In June, the price of bearing steel kept at a stable level. Leading steel makers still maintain their relatively higher price, middle and small-sized makers began to practised a slight price raising in this month. June 30, with the announcement of nationwide raising of electric charge, it is estimated that steel price will increase in July. By the end of June, price of hot rolling bearing steel were RMB4,379 yuan/ton, annealed were RMB6,002 yuan/ton.

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