Weekly summary:2022 China Bearing Steel market trend in fifth week of March will be up 0.7%

1. Prices of mainstream varieties of excellent special steel

The prices of mainstream varieties of excellent special steel rose this week, among which 45# was charged at 5396 yuan/ton, up 52 yuan/ton from last week, 40Cr was charged at 5638 yuan/ton, up 44 yuan/ton from last week, and 20CrMnTi was charged at 5813 yuan/ton compared with last week. The weekly increase was 29 yuan/ton, and CrMo closed at 6032 yuan/ton, up 24 yuan/ton from last week.

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

This week, the price adjustment range of the main market of national special steel is around 50-170 yuan/ton, of which Hangzhou received 5380 yuan/ton, up 50 yuan/ton from last week, and Shandong received 5150 yuan/ton, up 170 yuan/ton from last week. , the leading city price difference is 230 yuan / ton.

Jiangsu market: This week, the market price of Jiangsu excellent special steel has risen slightly. Now the mainstream price in the market above 45#Φ30 is 5450 yuan/ton for Huaigang, 5360 yuan/ton for Dongfang Special Steel, 5420 yuan/ton for Hanggang, 40Cr Huaigang 5690 yuan/ton, gear Laigang 5840 yuan/ton, chrome molybdenum Laigang 6000 yuan/ton. In terms of steel mills, the total bar inventory of Jiangsu Youte Steel Plant was 446,700 tons, an increase of 10,300 tons from last week, a month-on-month increase of 2.36%, and a decrease of 128,800 tons from the same period last year, a year-on-year decrease of 22.38%. In the market, steel mills have a strong intention to raise prices, traders have high costs, coupled with the shortage of large-scale resources in the market, the quotations have risen slightly, the downstream is mainly passively accepted, and the financial pressure is relatively large. The price of Jiangsu excellent and special steel continued to fluctuate at a high level during the week.

Shandong market: The market price of Shandong excellent special steel has risen sharply this week. The local excellent special steel price of 45# Luli is 5150 yuan/ton, Fulun is 5150 yuan/ton, Guangfu Dayuan is 5470 yuan/ton, and Xiwang is 5340 yuan/ton. , Weigang 5270 yuan / ton, giant energy 5280 yuan / ton. The market price has risen sharply this week. The 45# market Luli has mainly produced tube blanks recently, and the carbon round resources are lacking, which has a certain support for the carbon round market price. In terms of combined steel, the local market of Weifang Steel on the 1st increased by 50 yuan / ton, which has a certain impact on the price of local combined steel. It is expected that local premium and special steel prices will remain high after the Qingming Festival.

Central China Market: The market price of Central China Superior Special Steel rose as a whole this week. Now Zhengzhou 45# Jinan Steel is 5500 yuan/ton, up 50 yuan/ton from last week; Changsha 45# Xianggang is 5460 yuan/ton, up 60 yuan/ton from last week; Wuhan 45# Xianggang is 5250 yuan/ton, higher than last week's Last week rose 20 yuan / ton. This week, the market price of Huazhong high-quality special steel at the beginning of the week was not satisfactory due to the unsatisfactory transaction situation, coupled with the fact that traders took the initiative to ship and reduce inventory, showing a weak and steady trend; in the mid-term, mainstream steel mills had a strong willingness to support prices in the ten-day pricing policy, and the market price was stable; at the end of the week Affected by the external market, the market price has been pulled up. At present, there are not many low-priced resources left in the traders' library, and the high-priced agreement volume has yet to be completed. Based on the above situation, it is expected that the market price of Huazhong high-quality special steel will rise steadily next week.

Chongqing market: This week, the market price of Chongqing excellent special steel has been consolidated. The current market price is 45#5260 yuan/ton, Xining special steel 5350 yuan/ton, 40Cr5550 yuan/ton, 20CrMnTi5850 yuan/ton, chrome molybdenum 6100 yuan/ton, compared with No change from last week. At present, the total stock of bars in the Chongqing market is 92,700 tons, an increase of 2,400 tons from last week. This week, the market price in Chongqing remained stable, and the market transaction performance was average. Near the end of the month, traders were under great financial pressure, and the market mainly focused on shipments. In addition, the cost of traders was high, and the downstream just needed to purchase, and the price fell into a deadlock of ups and downs. , mostly wait-and-see. However, at present, the leading steel mills in the Chongqing market have a strong willingness to support prices. On the whole, it is expected that the market price of Chongqing excellent special steel will rise slightly next week.

3. Summary of price adjustment of excellent special steel mills

From March 28th to April 2nd, the price adjustment of major excellent and special steel mills in the country is as above: a total of 15 steel mills released price adjustment information in this issue, and a total of 21 times of price adjustment information have been released. In this issue, the price adjustment of steel mills is mainly due to the increase in the price of steel mills. Next week, we should continue to pay attention to the impact of consumer demand and steel mill maintenance.

4. The performance of excellent special steel social inventory

The national total stock of excellent and special steel bar samples was 899,100 tons, a decrease of 16,800 tons or 1.83% from the previous month.

The transaction volume of national excellent and special steel bar sample enterprises was 341,300 tons, an increase of 23,500 tons or 7.39% from the previous month.

5. The market price forecast of excellent special steel next week

Judging from the above situation, the market price of excellent special steel rose as a whole this week. The prices of high-quality special steel varieties continue to remain high, and downstream enterprises purchase on demand, and there are more wait-and-see attitudes; steel mills are more willing to support prices, and price adjustment policies are mostly rising; Recently, the market price of high-quality special steel has been greatly affected by the external market, and the rise in billet prices has boosted the market; traders are gradually depleting low-priced resources in winter storage, high-priced resources in warehouses have increased, and inventory costs are high; there is a shortage of market resources. . To sum up, it is expected that the national premium and special steel market prices will continue to rise next week.