Weekly Summary:2021 China Bearing Steel Market Trend in First Week of December Will Up 0.07%

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

This week, the prices of mainstream premium special steel products have run steadily. Among them, 45# received 5,554 yuan/ton, an increase of 4 yuan/ton compared to last week, 40Cr received 5,775 yuan/ton, an increase of 50 yuan/ton compared to last week, and 20CrMnTi received 5,883 yuan/ton. Last week it rose 60 yuan/ton, and CrMo closed at 6,174 yuan/ton, up 51 yuan/ton from last week.

2. The main market prices and spreads of special steel

This week, Hangzhou, the main market for high-quality special steel in the country, closed 5,620/ton, and Shandong received 5,400 yuan/ton, and the leading city price difference was 220 yuan/ton.

Zhejiang market: This week, the price of Zhejiang special steel market is mainly stable. The mainstream price above 45#Φ30 is Hang 5620 yuan/ton Huai 5630 yuan/ton South 5600 yuan/ton, Yuanli (direct delivery) 5600 yuan/ton Zhongtian 5600 yuan/ton Dongfang 5560 yuan/ton. On the market side: the market was generally operating smoothly this week, the demand of downstream enterprises has not yet started, and the transaction situation is average. The overall market inventory is still at a high level, but the market mentality is generally stable, and traders generally operate at stable prices and deliver goods. The price rise and weakness are beginning to show, and the market has fallen to a certain extent in the middle of the week. However, steel mills are willing to support prices, and the impact of macroeconomic policies on the market mentality is superimposed. In general, the price of superior steel is expected to consolidate at a high level next week.

Jiangsu market: The market price of Jiangsu special steel is generally stable this week, and the mainstream price of 45#Φ30 is now 5600 yuan/ton for Huaigang, Dongfang Special Steel Plant raises 5540 yuan/ton, Hangzhou Steel 5580 yuan/ton, 40Cr Huaigang 5840 Yuan/ton, gear Laiwu 5830 yuan/ton, chromium molybdenum Laiwu steel 6100 yuan/ton. In terms of steel mills, the total inventory of bars in Jiangsu You Special Steel Plant was 437,000 tons, a decrease of 32,000 tons from last week, a 6.82% decrease from the previous week, and an increase of 148,400 tons from the same period last year, an increase of 51.42% year-on-year. In terms of the market, it is difficult for Beima to move south recently, and the supply is tight, which has certain support for prices, but the downstream demand is still poor. It is expected that the price of Jiangsu special steel will continue to consolidate next week.

Central China market: This week, the mainstream price of the special steel market in Central China has stabilized temporarily. Zhengzhou 45# Jinan Steel is 5630 yuan/ton, an increase of 30 yuan/ton from last week; Changsha 45# Xianggang is 5450 yuan/ton, which is unchanged from last week; Wuhan 45# Xianggang is 5450 yuan/ton, which is less than last week. move. Due to the epidemic prevention and control requirements in the Zhengzhou market, traders work from home and logistics have a greater impact. No transactions have been made temporarily. The demand from Hubei and Hunan has not recovered yet, and the shipments of traders are still weak. It is expected that the Huazhong premium special steel market will continue to weaken the demand tone next week, and the market price will remain stable.

Shandong market: This week, the price of Shandong special steel market is weak and stable. Local special steel price 45# Luli 5400 yuan/ton, Fulun 5400 yuan/ton out of stock, Guangfu Dayuan 5410 yuan/ton, Xiwang 5530 Yuan/ton, Weigang 5550 Yuan/ton, Juneng 5550 Yuan/ton. This week, market prices mainly fell slightly, and market transactions were not good. However, the recent production cut of Shandong steel mills has been noticeable, and supply has been affected, and market prices have a certain degree of support. It is expected that the local premium steel prices will continue to weaken and stabilize next week.

Chongqing market: The overall price of Chongqing special steel market is generally stable this week. The current market price is 45#5450 yuan/ton, Xining Special Steel is 5550 yuan/ton, 40Cr5750 yuan/ton, 20CrMnTi5900 yuan/ton, chromium molybdenum 6350 yuan/ton. At present, the total stock of bars in the Chongqing market is 106,000 tons, an increase of 9,000 tons from last week. The price of high-quality steel in the Chongqing market was generally stable this week, and inventories remained high this week. With the advent of the high-temperature holiday, market conditions were repeated, transactions were not good, traders had a strong wait-and-see mentality, and the downstream was on holiday and purchasing enthusiasm was not high. In addition, The increase of ex-factory prices by steel mills also has a certain supporting effect on market prices. On the whole, it is expected that the local high-quality steel market prices will fluctuate strongly next week.

3. Summary of price adjustments by special steel mills

From November 29 to December 3, the price adjustments of major special steel mills across the country are as follows: A total of 16 steel mills released price adjustment information in this period, and a total of 30 price adjustment information has been released. In this period, steel mills are adjusting prices. Steel mill prices are mainly based on price reductions. 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 the national premium special steel bar samples was 890,600 tons, a month-on-month decrease of 15,900 tons, a decrease of 1.75%.

The transaction volume of sample enterprises of high-quality special steel bars nationwide was 300.9 million tons, a decrease of 26,200 tons from the previous month, a decrease of 8.01%.

5. The excellent special steel market will continue to operate steadily next week

Judging from the above situation, prices have been running smoothly this week. The price of excellent steel is expected to run smoothly next week.