Weekly summary:2021 China Bearing Steel market trend in fourth week of February will be down 2.00%

Weekly summary:2021 China Bearing Steel market trend in fourth week of February will be down 2.00%

1. The prices of mainstream varieties of high-quality special steel

This week, the prices of mainstream premium special steels rose sharply. Among them, 45# closed at 5255 yuan/ton, an increase of 120 yuan/ton compared to last week, 40Cr closed at 5506 yuan/ton, up 117 yuan/ton compared with last week, and 20CrMnTi closed at 5,693 yuan/ton. Compared with last week, it rose by 97 yuan/ton, and CrMo closed at 5,902 yuan/ton, which was 114 yuan/ton higher than last week.

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

This week, Hangzhou, the main market for high-quality special steel in the country, closed 5350 yuan/ton, and Shandong received 4880 yuan/ton. The price difference between leading cities was 470 yuan/ton.

Zhejiang market: This week, the price of Zhejiang special steel market rose sharply. The mainstream price above 45#Φ30 is 5350 yuan/ton Huai 5370 yuan/ton South 5350 yuan/ton, Yuanli (direct delivery) 5330 yuan/ton Zhongtian 5280 yuan/ton Dongfang 5280 yuan/ton, 40Cr Hangzhou 5560 yuan/ton Ton Huai is 5610 yuan/ton; chromium molybdenum is 5900 yuan/ton gear and Laiwu Steel is 5750 yuan/ton. The price of Zhejiang Excellent Steel is expected to rise steadily next week.

Jiangsu market: The market price of Jiangsu special steel rose sharply this week. The mainstream price of 45#Φ30 is now 5370 yuan/ton for Huaigang, Dongfang Special Steel Plant raises 5260 yuan/ton, Hangzhou Steel 5350 yuan/ton, 40Cr Huaigang The price is RMB 5,610/ton, Laiwu for gears is RMB 5,780/ton, and chrome-molybdenum Laiwu is RMB 5880/ton, up by RMB 120/ton from last week. In terms of steel mills, the total inventory of bars in Jiangsu You Special Steel Plant was 463,500 tons, a decrease of 11,600 tons from last week, a decrease of 2.44% from the previous week, and a decrease of 207,900 tons from the same period last year, a year-on-year decrease of 30.97%. It is expected that the price of Jiangsu special steel will continue to rise slightly next week.

Central China market: This week, the price of the special steel market in Central China continued to rise. Zhengzhou 45# Jinan Steel is 5400 yuan/ton, up 100 yuan/ton from last week; Changsha 45# Xianggang 5250 yuan/ton, up 130 yuan/ton from last week; Wuhan 45# Xianggang 5030 yuan/ton, compared with last week Last week it rose by RMB 90/ton. It is expected that the market price of Huazhong special steel will continue to rise next week.

Shandong market: This week, the price of Shandong special steel market continued to rise slightly. The local special steel price 45# Luli 4860 yuan/ton, Fulun 4860 yuan/ton, Guangfu Dayuan 4930 yuan/ton, Xiwang 5030 yuan/ Tons, Weigang 5150 yuan/ton, Juneng 5150 yuan/ton. After the Spring Festival, market shipments are better, and merchants are more bullish. It is expected that the local market prices will continue to rise slightly next week.

Chongqing market: The market price of Chongqing special steel increased slightly this week. The current market price is 45#5130 yuan/ton, which is 80 yuan/ton higher than last week, and Xining Special Steel is 5250 yuan/ton, which is 50 yuan/ton higher than last week. 40Cr5450 yuan/ton, up 50 yuan/ton from last week, 20CrMnTi 5700 yuan/ton, up 100 yuan/ton from last week, chromium molybdenum 5950 yuan/ton, up 50 yuan/ton from last week. The price of local premium special steel rose slightly, and the total stock of bars in the Chongqing market was 105,900 tons, an increase of 4,000 tons from last week. It is expected that the price of high-quality special steel in the Chongqing market will continue to rise next week.

3. Summary of price adjustments of special steel mills

From February 21 to February 26, the price adjustments of major special steel mills across the country are as follows: A total of 18 steel mills released price adjustment information in this period, and a total of 26 price adjustment information has been released. In this period, steel mills adjusted prices. Next week, we should continue to pay attention to the impact of consumer demand and steel plant maintenance.

4. Social inventory performance of excellent special steel

The total inventory of the national premium special steel bar samples was 1.0521 million tons, a month-on-month decrease of 21,500 tons, a decrease of 2.00%.

This week, the transaction volume of sample enterprises of high-quality and special steel bars nationwide was 229,200 tons, an increase of 202.9 thousand tons from the previous month, an increase of 771.48%.

5. The excellent special steel market continues to run smoothly next week

Based on the above situation, the market price rose sharply this week. It is expected that the price of special steel will continue to rise next week.