Weekly summary:2021 China Bearing Steel market trend in first week of May will be up 3.45%

 Weekly summary:2021 China Bearing Steel market trend in first week of May will be up 3.45%

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

This week, the prices of mainstream special steel varieties rose sharply. Among them, 45# received 5,733 yuan/ton, an increase of 187 yuan/ton from last week, 40Cr received 5,959 yuan/ton, up 178 yuan/ton from last week, and 20CrMnTi closed at 6118 yuan/ton. Compared with last week, it was up 192 yuan/ton, and CrMo closed at 6,348 yuan/ton, up 185 yuan/ton from last week.

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

This week, the major market price adjustments for premium special steel nationwide are around 250-300 yuan/ton, of which Hangzhou received 5790 yuan/ton, an increase of 250 yuan/ton compared to last week, and Shandong received 5,700 yuan/ton, an increase of 300 yuan/ton compared to last week. , The leading city price difference is 90 yuan/ton.

Zhejiang market: The price of Zhejiang special steel market rose sharply this week. The mainstream price of 45#Φ30 and above Hang 5790 yuan/ton Huai 5800 yuan/ton South 5780 yuan/ton, Yuanli (direct delivery) 5790 yuan/ton Zhongtian 5780 yuan/ton Dongfang 5750 yuan/ton, 40Cr Hangzhou 6000 yuan/ton Huai is 6040 yuan/ton; chromium molybdenum is 6400 yuan/ton and Laiwu Steel is 6150 yuan/ton. On the market side: the prices of high-quality special steel products continue to rise, and downstream companies have gradually begun to replenish inventory, and market transactions are booming; in terms of steel mills: mainstream steel mills in Jiangsu and Zhejiang regions have their inventories at a normal level and are still willing to increase; downstream parties have gradually begun to replenish inventory , The market turnover has improved; on the whole, it is expected that the price of Zhejiang high-quality steel still has room to rise next week.

Jiangsu market: The market price of Jiangsu special steel rose sharply this week, and the mainstream price of 45#Φ30 in the market is now 5770 yuan/ton for Huaigang, 5710 yuan/ton for Dongfang Special Steel, 5750 yuan/ton for Hangzhou Steel, and 40Cr Huaigang 6010 yuan/ton, gear Laiwu 6120 yuan/ton, chromium molybdenum Laiwu steel 6270 yuan/ton. In terms of steel mills, the total inventory of bars in Jiangsu You Special Steel Plant was 374,200 tons, a decrease of 12,500 tons from last week, a decrease of 3.23% from the previous week, and a decrease of 68,100 tons from the same period last year, a year-on-year decrease of 15.4%. In terms of the market, the price of Shandong steel mills has recently been high, the resources going southward have decreased, coupled with the maintenance of the Zhongtianzhong rod line, the market supply is tight, the downstream orders are good, and the short-term supply-demand relationship is good. It is expected that the price of Jiangsu special steel will continue to rise next week. .

Shandong market: This week, the price of Shandong special steel market rose sharply. The local special steel price 45# Luli 5700 yuan/ton, Fulun 5700 yuan/ton, Guangfu Dayuan 5640 yuan/ton, Xiwang 5690 yuan/ton , Weigang 5700 yuan/ton, Juneng 5700 yuan/ton. This week, steel mills rose rapidly, the market passively followed the rise, and market resources were slightly tight. It is expected that the local premium special steel market prices will increase mainly next week.

Central China market: This week, the price of the special steel market in Central China rose sharply. Zhengzhou 45# Jinan Steel is 5730 yuan/ton, up 130 yuan/ton from last week; Changsha 45# Xianggang 5690 yuan/ton, up 170 yuan/ton from last week; Wuhan 45# Xianggang 5600 yuan/ton, compared to last week Last week it rose 190 yuan/ton. During the holiday period, regional leading steel mills significantly increased their ex-factory prices. In addition to the strong performance of the external market, the prices of billets and threads rose rapidly. After the holiday, the market price of high-quality special steel in Central China rose sharply; the rapid price increase led to downstream companies It is difficult to adapt quickly, and some traders are reluctant to sell. This week the Huazhong premium special steel market has a normal transaction situation; the external market continues its strong performance, and steel mills have continuously issued price increase policies. Based on the above situation, it is expected that the market price of Huazhong special steel will continue to rise next week.

Chongqing market: The market price of Chongqing special steel rose sharply this week. The current market price is 45#5610 yuan/ton, Xining Special Steel 5700 yuan/ton, 40Cr5900 yuan/ton, 20CrMnTi6100 yuan/ton, chromium molybdenum 6300 yuan/ton. This is an increase of 150 yuan/ton from before the holiday. At present, the total stock of bars in the Chongqing market is 95,800 tons, a decrease of 9,400 tons compared with last week. This week, Chongqing market prices have risen sharply, and transactions are acceptable. Affected by steel mills’ increase in ex-factory prices and price increases in the external market, local prices have risen sharply. At present, steel mill prices are firm and traders’ costs are relatively high. On the whole, it is expected next week. The market price of Chongqing special steel continued to rise.

3. Summary of price adjustments of special steel mills

From May 1st to May 8th, the price adjustments of major special steel mills across the country are as above: A total of 18 steel mills released price adjustment information during this period, and a total of 35 price adjustment information has been released. In this period, steel mills are adjusting prices. Steel mill prices are mainly rising. Next week, we should continue to pay attention to the impact of consumer demand and steel mill maintenance.

4. Social inventory performance of excellent special steel

The total inventory of samples of high-quality special steel bars nationwide was 878,700 tons, an increase of 29,300 tons from the previous month, an increase of 3.45%.

The transaction volume of sample enterprises of high-quality special steel bars nationwide was 333,500 tons, a decrease of 20,000 tons from the previous month, or 5.66%.

5. The market price forecast of high-quality special steel next week

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