Mar 19 to 26, 2010 Roundup of Bearing Steel Market in China
Resource from: CBCC Likes:2968
Mar 31,2010
This week (from Mar. 19th to 26th, 2010), the bearing steel price kept rising. Up to this weekend, the countrywide average price of GCr15 continuous casting non-annealed steel of 50mm was 5, 592 Yuan/ton; the countrywide average price of GCr15 die-casting annealed steel of 100mm was 7,192 Yuan/ton, the rising range was close to 200 Yuan/ton compared with that at last weekend. In east China area, the mainstream strike price of GCr15 medium continuous casting non-annealed steel from the second-tier steel pants was between 5,500 and 5,600 Yuan/ton; the mainstream price of continuous casting annealed steel was 6,000 Yuan/ton. This week the price of the raw material for steel-making kept rising. The enterprise of the special steel has increased the EXW price of bearing steel and the market price followed and rose. However, the market deal reduced compared with that at last weekend because the downstream users have kept the stock for one or two months. On the aspects of steel plants, most of the plants have full orders. Shougang Steel and Shijiazhuang Steel, etc. planned to overhaul in April and then it will influence the output of bearing steel. Generally speaking, the circulation resource of bearings steel in the market is not much at present and the steel plants may increase the price in the following period. It is predicted that the bearing steel price will still rise in a small space.
Charging Market This Week: the domestic refined iron ore market generally presented a rising trend; the rising of steel price in the North area market slowed down; the steel price rose faster in the southern market and was confident in the increasing in the following market. This week the imported ore market rose in small range as the steel plants increased the price; at present, the price of steel stock at the ports increased from 1,130 Yuan/ton to 1,160 Yuan/ton and the foreign price rose from $ 148/ton to $ 157/ton while the practical deal was not good. This week the pig iron market rose again and rose in a large range in most regions; the resource in some regions was short while the general deal was not bad. This week the steel scrap market rose in a small range; the operation of coke market was basically steady, the deal was common; the coke stock of the steel plant was still higher and the purchasing was not active; most coke enterprises have limited 40% to 50% of the output. The alloy market was not even; the price of the ordinary alloy rose to some extent; the ferromolybdenum market ran in recession and the deal was bad; the price of chromium alloy stayed steady at high levels.
[East China Region] This week the bearing steel price in East China market kept rising; the deal was ordinary. Up to this weekend, the quotation in Hangzhou market was as follows: Daye Nonferrous GCr15Φ50-70 non-annealed steel was from 5,600 Yuan/ton; Xining Special Steel GCr15Φ30-75 heat treatment non-annealed steel was 5,550 Yuan/ton, out of stock; Shanghai No. 5 Steel Plant GCr15Φ26-70 heat treatment spheroidizing annealed steel was 7,000 Yuan/ton; Xingcheng Steel GCr15Φ50 non-annealed steel was 5,900 Yuan/ton with a few stock; Nanjing Steel Group GCr15Φ16-40 heat treatment non-annealed steel was 5,450 Yuan/ton; Dongbei Special Steel GCr15Φ30-95 heat treatment annealed steel was 6,100 Yuan/ton; Shougang Group GCr15Φ50 hot rolled non annealed steel was 5,400 Yuan/ton. This week the bearing steel price in Wuxi market also rose and the deal was all right; Up to this weekend, the quotation in Wuxi market was as follows: Xingcheng Steel GCr15Φ30-75 hot rolled non annealed steel was 5,850 Yuan/ton; Xingyegang Steel GCr15Φ30-50 continuous annealed steel was 6,000yuan/ton; Beiman Steel GCr15Φ40-75 heat treatment annealed steel was 6,100yuan/ton; Wuxi Huarun Steel GCr15Φ50-80 hot rolled non-annealed steel was from 5,600 Yuan/ton with a few stock and the Φ50-80 annealed steel was 6,000 Yuan/ton, a few stock; Nanjing Steel GCr15Φ50 hot rolled non-annealed steel was 5,450 Yuan/ton; Bongbei Special Steel GCr15Φ40-75 hot rolled non-annealed steel was 5,650 Yuan/ton.
[Central South China Region] This week the bearing steel price in Luoyang market rose; the deal was barely passable. Up to this weekend, the quotation in Luoyang market was as follows: Shougang Group GCr15Φ12-25 annealed steel was 5,900 Yuan/ton and GCr15Φ24-50 non-annealed steel was 5,350 Yuan/ton; Xingyegang Steel GCr15Φ50-130 die-casting non-annealed steel was 7,000 Yuan/ton, out of stock; Changcheng Special Steel GCr15Φ45 continuous casting annealed steel was 6,000yuan/ton, out of stock; Shijiazhuang Steel GCr15Φ16-50 heat treatment annealed steel was 5,950yuan/ton; Xining Steel GCr15Φ25-70 continuous casting non-annealed steal was 5,350 Yuan/ton; Dongbei Special Steel GCr15Φ30-50 die casting annealed steel was 6,000 Yuan/ton; This week the bearing steel price in Wuhan market rose and the deal was common, lacking of steel resource. Echeng Steel GCr15Φ14-30 non-annealed steel was 5,350 Yuan/ton, out of stock; Shougang Group GCr15Φ30-50 heat treatment rolled steel was from 5,400 Yuan/ton, a few stock; Xinyegang Steel GCr15Φ80-110 continuous casting non-annealed steel was 5,550 Yuan/ton and die casting annealed steel was 7,200 Yuan/ton; GCr15Φ42-75 continuous casting non-annealed steel was 5,450 Yuan/ton, continuous casting annealed steel was 6,150 Yuan/ton.
[North China Region]This week the bearing steel price in Shenyang market rose and the deal was common. Up to this weekend, Dongbei Special Steel GCr15Φ25-60 continuous casting non-annealed steel was 5,450 Yuan/ton, GCr15Φ35-50 die casting annealed steel was 7,050 Yuan/ton, GCr15Φ100 die casting non-annealed steel was 6,200yuan/ton; Dongbei Special Steel GCr15Φ25-40 continuous casting annealed steel was 6,100yuan/ton. This week the bearing steel price in Harbin market rose and the deal was common. Benxi Steel GCr15Φ50-75 heat treatment annealed steel was 6,000 Yuan/ton, out of stock; Dalian Steel GCr15Φ50 heat treatment annealed steel was 6,000yuan/ton, out of stock; Dongbei Special Steel GCr15Φ40-75 continuous casting non-annealed steel was 5,450 Yuan/ton and GCr15Φ100 die casting annealed steel was 7,200 Yuan/ton.
[Southwest China Region]This week the price of bearing steel in Chengdu market rose and the steel resource was not sufficient and mainly was Changcheng steel and Xining steel. Up to this weekend, Changcheng Steel GCr15Φ100 die casting annealed steel was 6,850 Yuan/ton, die casting non-annealed steel was 6,000 Yuan/ton; Dongbei Special Steel GCr15Φ80-120 die casting annealed steel was 7,200 Yuan/ton, out of stock; Xining SteelΦ150-200 die casting annealed steel was 6,950 Yuan/ton, out of stock; Xining Steel GCr15Φ30-75 continuous casting annealed steel was 6,050 Yuan/ton, the steel resource was not sufficient. This week the bearing steel resource in Chongqing market was not sufficient, but the price of bearing steel rose. Donghua Special Steel GCr15Φ20-30 heat treatment annealed steel was out of stock; Xining SteelΦ80-120 rolled annealing steel was 6,100 Yuan/ton, out of stock; part of Changcheng Steel GCr15Φ30-65 continuous casting non-annealed steel was 5,350 Yuan/ton, part of GCr15Φ30-65 continuous casting annealed steel was 6,050 Yuan/ton; Xining Steel Φ80-150 forged annealing steel was 6,900 Yuan/ton, the steel resource was not sufficient.
(CBCC)
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