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Apr 16 to 23, 2010 Roundup of Bearing Steel Market in China

Resource from:  CBCC Likes:2953
Apr 27,2010
This week (from Apr. 16th to 23rd, 2010), the bearing steel price was basically stable. Up to this weekend, the countrywide average price of GCr15 continuous casting non-annealed steel of 50mm was 5,954 yuan/ton; the countrywide average price of GCr15 die-casting annealed steel of 100mm was 7,446 yuan/ton, which kept balance with that at last weekend. In east China area, the mainstream strike price of GCr15 medium continuous casting non-annealed steel if 100mm of the second tier plants was between 5,960 and 6,000 yuan/ton; the mainstream price of continuous casting annealed steel was around 6,600 yuan/ton. Generally, the market resource was still insufficient and the specifications were not complete; the downstream users purchased according to the demand at present and the market mentality fluctuated to some extent, because recently the price of the plain steel and prime steel fell within certain range; at present, the wait-and-see mood emerged in the market. Because the bearing steel resource was not insufficient and the steel price from the plant supported, in the short term, the price in the bearing steel market will be possibly keep steady. [East China Region] This week the bearing steel price in East China market kept steady; the deal was good. Up to this weekend, the quotation in Hangzhou market was as follows: Daye Nonferrous GCr15Φ50-70 non-annealed steel was 5,950 yuan/ton; Xining Special Steel GCr15Φ30-75 heat treatment non-annealed steel was 5,900yuan/ton, out of stock; Shanghai No. 5 Steel Plant GCr15Φ26-70 heat treatment spheroidizing annealed steel was 7,200yuan/ton; Xingcheng Steel GCr15Φ50 non-annealed steel was 6,300 yuan/ton with a few stock; Nanjing Steel Group GCr15Φ16-40 heat treatment non-annealed steel was 5,800 yuan/ton; Dongbei Special Steel GCr15Φ30-95 heat treatment annealed steel was 6,650 yuan/ton; Shougang Group GCr15Φ50 hot rolled non annealed steel was 5,900 yuan/ton, out of stock. This week the bearing steel price in Wuxi market kept steady; the market resource was insufficient and the deal was rarly passable; Up to this weekend, the quotation in Wuxi market was as follows: Xingcheng Steel GCr15Φ30-75 hot rolled non annealed steel was 6,300 yuan/ton with a few of stock; Xingyegang Steel GCr15Φ30-50 continuous annealed steel was 6,600yuan/ton; Beiman Steel GCr15Φ40-75 heat treatment annealed steel was 6,700yuan/ton; Wuxi Huarun Steel GCr15Φ50-80 hot rolled non-annealed steel was from 6,000yuan/ton with a few of stock and the Φ50-80 annealed steel was 6,450yuan/ton, out of stock; Nanjing Steel GCr15Φ50 hot rolled non-annealed steel was 5,800yuan/ton; Bongbei Special Steel GCr15Φ40-75 hot rolled non-annealed steel was 6,050yuan/ton. [Central South China Region] This week the bearing steel price was basically stable; the deal was barely passable. Up to this weekend, the quotation in Luoyang market was as follows: Shougang Group GCr15Φ12-25 annealed steel was between 6,250 and 6,300 yuan/ton and GCr15Φ24-50 non-annealed steel was 5,700yuan/ton; Xingyegang Steel GCr15Φ50-130 die-casting non-annealed steel was 7,150yuan/ton, out of stock; Changcheng Special Steel GCr15Φ45 continuous casting annealed steel was 6,350yuan/ton, out of stock; Shijiazhuang Steel GCr15Φ16-50 heat treatment annealed steel was 6,350yuan/ton; Xining Steel GCr15Φ25-70 continuous casting non-annealed steal was 5,700yuan/ton; Dongbei Special Steel GCr15Φ30-50 die casting annealed steel was 7,150yuan/ton. This week the bearing steel price in Wuhan market was basically steady, lacking of steel resource, and the deal was common. Echeng Steel GCr15Φ14-30 non-annealed steel was 5,750yuan/ton, out of stock; Shougang Group GCr15Φ30-50 heat treatment rolled steel was from 5,800yuan/ton, out of stock; Xinyegang Steel GCr15Φ80-110 continuous casting non-annealed steel was 5,900yuan/ton and die casting annealed steel was 7,450yuan/ton; GCr15Φ42-75 continuous casting non-annealed steel was 5,800yuan/ton, continuous casting annealed steel was 6,500yuan/ton. [North China Region]This week the bearing steel price in Shenyang market was basically stable and the deal was common. Up to this weekend, Dongbei Special Steel GCr15Φ25-60 continuous casting non-annealed steel was 5,800yuan/ton, GCr15Φ35-50 die casting annealed steel was 7,300yuan/ton, GCr15Φ100 die casting non-annealed steel was 6,550yuan/ton; Dongbei Special Steel GCr15Φ25-40 continuous casting annealed steel was 6,450yuan/ton. This week the bearing steel price in Harbin market was basically stable and the deal was common. Benxi Steel GCr15Φ50-75 heat treatment annealed steel was 6,400yuan/ton, out of stock; Dalian Steel GCr15Φ50 heat treatment annealed steel was 6,500yuan/ton, out of stock; Dongbei Special Steel GCr15Φ40-75 continuous casting non-annealed steel was 5,800yuan/ton and GCr15Φ100 die casting annealed steel was 7,350yuan/ton. [Southwest China Region]This week the price of bearing steel in Chengdu market was basically stable 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 7,100 yuan/ton, die casting non-annealed steel was 6,600 yuan/ton; Dongbei Special Steel GCr15Φ80-120 die casting annealed steel was 7,450 yuan/ton, out of stock; Xining SteelΦ150-200 die casting annealed steel was 7,200 yuan/ton, out of stock; Xining Steel GCr15Φ30-75 continuous casting annealed steel was 6,350 yuan/ton with a few of stock. This week the bearing steel resource in Chongqing market was not sufficient, but the price of some bearing steel was basically stable. Donghua Special Steel GCr15Φ20-30 heat treatment annealed steel was out of stock; Xining SteelΦ80-120 rolled annealing steel was 6,500yuan/ton, out of stock; part of Changcheng Steel GCr15Φ30-65 continuous casting non-annealed steel was 5,850 yuan/ton, part of GCr15Φ30-65 continuous casting annealed steel was 6,450 yuan/ton; Xining Steel Φ80-150 forged annealing steel was 7,250 yuan/ton, the steel resource was not sufficient.
(CBCC)
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