Weekly Review of Bearing Steel Market in China (Sep 8th to Sep 14th, 2012)
Resource from: CBCC Likes:207
Sep 20,2012
Note:(yuan/ton)
1) HR: hot rolled steel,diameter 50 mm
2) A: anneal rolled steel,diameter 100 mm
Region code
SH: Shanghai
HZ: Hangzhou, Zhejiang province
WX: Wuxi, Jiangsu province
CZ: Changzhou, Jiangsu province
CS: Changsha, Hunan province
WH: Wuhan, Hubei province
LY: Luoyang, Henan province
LW: Laiwu, Shandong province
CQ: Chongqing
CD: Chengdu, Sichuan province
XA: Xi'an, Shaanxi province
TJ: Tianjin
SY: Shenyang, Liaoning province
HRB: Harbin, Heilongjiang province
The bearing steel market operated in vulnerable consolidation state this week. Up to Friday, the average price of continuous casting non-annealed steel nationwide was 4796 yuan/ton, 61 yuan down per ton compared with previous week, and the prevailing quotations for continuous casting non-annealed steel from the second ranking steel plants in South China was from 4200 to 4450 yuan/ton. The average price of die-casting annealed steel was 7986 yuan/ton. The bearing steel market in northern region performed better this week, and the prices slightly rose in Shenyang driven by the increased volume. To the contrary, the deal in southern market was still light, and the prices dropped on a steady basis. With the launching of several favorable policies, the market mentality turned for the better, and traders were encouraged. However, the actual transactions failed to get improved as expected, and the prices remained difficult to be pulled up. It is expected that the bearing market is to remain stable on a steady basis next week with small downside potential.
[East China Region] This week, the prices of bearing steel in East China market were basicly stable, and the market deal was still light. Up to this weekend, the quotations in Hangzhou market are as follows: Xinye GCr15Φ50-70 non-annealed steel was 4,200 yuan/ton; Echeng Steel GCr15Φ30-75 heat-treated non-annealed steel was 4200 yuan/ton; Shanghai No.5 Steel Plant GCr15Φ26-70 heat-treated spheroidizing annealed steel was 7,300 yuan/ton; Xingcheng Steel GCr15Φ50 non-annealed steel was 4,700 yuan/ton, less stock; Nanjing Steel Group GCr15Φ16-40 heat-treated non-annealed steel was 4,300 yuan/ton; Dongbei Special Steel GCr15Φ30-95 hot-rolled non-annealed steel was 4,450 yuan/ton; Shougang Group GCr15Φ50 hot-rolled non-annealed steel was out of stock. This week, the bearing steel prices in Wuxi market were temporarily stable, and the deal was common; Up to this weekend, the quotations in Wuxi market are as follows: Xingcheng Steel GCr15Φ30-75 hot-rolled non-annealed steel was 4,700 yuan/ton, out of stock; Xinyegang Steel GCr15Φ30-50 continuous casting annealed steel was 5,300 yuan/ton; Beiman Steel GCr15Φ40-75 heat-treated annealed steel was 5,350 yuan/ton; Wuxi Huarun Steel GCr15Φ50-80 hot-rolled non-annealed steel was 4,450 yuan/ton, less stock; Nanjing Steel GCr15Φ50 hot-rolled non-annealed steel was around 4,350 yuan/ton; Dongbei Special Steel GCr15Φ40-75 hot-rolled non-annealed steel was 4,500 yuan/ton.
[Central South China Region] This week, the bearing steel prices in Luoyang market were stable and the deal was light. Up to this weekend, the quotations in Luoyang market are as follows: Shijiazhuang Steel GCr15Φ16-50 heat-treated annealed steel was 5,350 yuan/ton and the GCr15Φ24-50 continuous casting non-annealed steel was 4,550 yuan/ton; Xinyegang Steel GCr15Φ50-130 die-casting non-annealed steel was 7,600 yuan/ton, out of stock; Changcheng Special Steel GCr15Φ45 continuous casting annealed steel was 5,250 yuan/ton, out of stock, and the die-casting non-annealed steel was 4,400 yuan/ton; Xining Steel GCr15Φ25-70 continuous casting non-annealed steal was 4,550 yuan/ton. This week, the bearing steel price in Wuhan market went down and the deal was common. Echeng Steel GCr15Φ14-30 continuous casting non-annealed steel was 4,300 yuan/ton; Xinyegang Steel GCr15Φ80-110 continuous casting non-annealed steel was 4,900 yuan/ton, GCr15Φ40-75 continuous casting non-annealed steel was 4,900 yuan/ton, and the die-casting annealed steel was 7,300 yuan/ton.
[North China Region] This week, the bearing steel prices in Shenyang market experienced slight rebound and the market transaction turned good. Up to this weekend, Dongbei Special Steel GCr15Φ25-60 continuous casting non-annealed steel was 4,500 yuan/ton, out of stock; Dongbei Special Steel GCr15Φ25-40 continuous casting annealed steel was 5,800 yuan/ton; Benxi Steel Φ70-130 continuous casting steel was 4,200 yuan/ton, Benxi Steel GCr15Φ150-180 die-casting annealed steel was 6,600 yuan/ton. This week, the bearing steel price in Harbin market dropped and the deal was common. Benxi Steel GCr15Φ50-75 heat-treated annealed steel was 6,500 yuan/ton, out of stock; Dongbei Special Steel GCr15Φ50 heat-treated annealed steel was out of stock; Dongbei Special Steel GCr15Φ40-75 continuous casting non-annealed steel was 4,550 yuan/ton.
[Southwest China Region] This week, the bearing steel price in Chengdu market slightly dropped and the market resources were not sufficient. Up to this weekend, Xinyegang Steel GCr15Φ50 continuous casting non-annealed steel was 5150 yuan/ton, Changcheng Steel GCr15Φ80-130 continuous casting annealed steel was 6,350 yuan/ton; Xining Steel Φ150-200 die-casting annealed steel was 7,700 yuan/ton, out of stock; Xining Steel GCr15Φ30-75 continuous casting annealed steel was 6,300 yuan/ton, less stock. This week, the bearing steel prices in Chongqing market also dropped. Donghua Special Steel GCr15Φ20-30 heat-treated annealed steel was out of stock; Xining Steel Φ80-120 rolled annealed steel was 6,500 yuan/ton, out of stock; Changcheng Steel GCr15Φ30-65 continuous casting non-annealed steel was 5,200 yuan/ton; Xining Steel Φ80-150 forged annealed steel was 7,500 yuan/ton, less stock.
(CBCC)
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1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.
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