Weekly summary:2020 China Bearing Steel market trend insecond week of September decrease 0.53%

Weekly summary:2020 China Bearing Steel market trend insecond week of September decrease 0.53%

1. The price of mainstream varieties of excellent special steel

    The prices of mainstream premium special steel varieties rose slightly this week, with 45# closing 4159 yuan/ton higher than last week’s 6 yuan/ton, 40Cr closing 4399 yuan/ton higher than last week’s 5 yuan/ton, 20CrMnTi closing 4,493 yuan/ton. Last week it rose 7 yuan/ton, and CrMo closed at 4732 yuan/ton, up 6 yuan/ton from last week.

2. The main market prices and spread performance of special steel

    This week, the adjustment range of the major market prices of premium special steel nationwide was around 10-50 yuan/ton, of which Hangzhou received 4170 yuan/ton, down 10 yuan/ton from last week, and Shandong received 3850 yuan/ton, down 50 yuan/ton from last week. , The leading city price difference is 320 yuan/ton.

Zhejiang market: Zhejiang special steel market fell slightly, now Hangzhou Steel 45# 4170 yuan/ton, Huaigang 4170 yuan/ton; Nangang 4160 yuan/ton, Yuanli Steel Plant’s direct issue price is 4160 yuan/ton; Dongfang Special steel 4,120 yuan/ton, the market price was stable at the beginning of the week, and traders’ overall shipments were average; the mid-week market transaction was slightly weaker, and traders secretly lowered their quotations to actively ship; at the end of the week, Huai Steel’s price adjustment was stable, and the market price fell slightly, and overall stable . On the whole, the Zhejiang special steel market is expected to decline slightly next week.

Jiangsu market: This week, the price of Jiangsu special steel market declined slightly. The current market Huaigang 45# carbon structure steel reported 4170 yuan/ton, down 10 yuan/ton from last week, and Dongfang Special Steel 45# carbon structure steel reported 4110 yuan/ton. Tons, down 20 yuan/ton from last week. Traders' inventories continue to increase compared with last week, and now large local households have inventories of 5,000-36,000 tons. Traders' transactions this week are general, and the average daily shipments of large households this week are 500-5000 tons. According to statistics, the current total stock of bars in Jiangsu You Special Steel Plant is 314,100 tons, an increase of 15,500 tons from last week's inventory. The local leading steel mills are all producing normally. At present, the downstream demand is general, the market and steel mill inventories are on the rise. Traders are not in a good mood to ship and reduce inventories. It is expected that the local premium special steel market prices may consolidate downward next week.

Shandong market: Shandong structural steel market prices fell slightly, 45# Luli 3850 yuan/ton, Fulun 3850 yuan/ton, Guangfu 3880 yuan/ton, Xiwang 4000 yuan/ton, Weigang 4040 yuan/ton, Qinggang 4,080 yuan/ton, giant energy 4,040 yuan/ton. The prices of Luli, Fulun, and Guangfu fell slightly this week, and the market shipments were average, but it is difficult to continue to fall. The low stocks of various steel mills have a strong supporting effect on prices. It is expected that the price of local premium special steel will stabilize or increase slightly next week.

Central China market: This week, the market price of special steel in Central China continued to rise slightly, and the market shipment situation was poor. Now Zhengzhou 45# Jinan Iron and Steel is 4370 yuan/ton, the same as last week, and Changsha Xianggang 4200 yuan/ton, compared with last week Pull up 20 yuan/ton, Wuhan Xianggang 4,050 yuan/ton, up 50 yuan/ton from last week. Affected by the expected increase in the ex-factory price of Xiangtan Iron and Steel, the prices of special steel in Changsha and Wuhan in central China rose slightly this week. The price in Zhengzhou has temporarily stabilized. The market traders’ shipments are generally in general. The market is currently waiting and see. The steel market may consolidate.

Chongqing market: The market price of Chongqing special steel increased slightly this week. The current market price is 45#4220 yuan/ton, Xining Special Steel 4280 yuan/ton, 40Cr4480-4530 yuan/ton, 20CrMnTi4580-4630 yuan/ton, chromium molybdenum 4900 yuan -4950 yuan/ton. Affected by the increase in ex-factory prices by steel mills this week, local premium special steel prices continued to rise slightly. On the 6th, Xining Special Steel issued a price policy with an increase of 130 yuan/ton and 45# to 4350 yuan/ton; on the 11th, Xiangtan Iron & Steel’s carbon bond increased by 80 yuan/ton, and the listing price of 45# in Chongqing area was 4250 yuan/ton. It is difficult for the market to rise sharply, and the current sellers' sales prices are upside down. It is expected that the local high-quality special steel market prices will consolidate at a high level next week.

3. Summary of price adjustments by special steel mills

    From September 5th to September 11th, the price adjustments of major special steel mills across the country are as above: a total of 10 steel mills released price adjustment information in this period, and a total of 10 price adjustment information was released. In this period, the factory prices of steel mills remained stable.

4. Social inventory performance of excellent special steel

    The total social inventory of premium special steel nationwide was 734,900 tons, a month-on-month decrease of 3,900 tons, or 0.53%.

    The weekly transaction volume of the national high-quality special steel bar sample enterprises was 323,100 tons, an increase of 8 million tons or 0.24% from the previous month.

5. The excellent special steel market will consolidate next week

    Judging from the above situation, the price of high-quality special steel products across the country consolidated this week, but the market prices of high-quality special steel in major regions declined. The social stocks in the market are fair, the transactions are fair, and traders are actively shipping. It is expected that the national premium steel prices will drop slightly next week.