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Weekly summary:2022 China Bearing Steel market trend in second week of April will be up 1.08%

Resource from:  CBCC Likes:141
Apr 24,2022


1. Prices of mainstream varieties of excellent special steel

This week, the prices of mainstream varieties of excellent and special steel rose slightly. Among them, 45# was 5521 yuan/ton, up 26 yuan/ton from last week, 40Cr was 5763 yuan/ton, up 31 yuan/ton from last week, and 20CrMnTi was 5918 yuan/ton. It was up 21 yuan/ton from last week, and CrMo closed at 6164 yuan/ton, up 36 yuan/ton from last week.

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

This week, Hangzhou, the main market of high-quality special steel in the country, received 5,520 yuan/ton, and Shandong received 5,320 yuan/ton, with a price difference of 200 yuan/ton in the leading cities.


Zhejiang market: The price of excellent and special steel in Zhejiang was generally stable this week. Mainstream prices above 45#Φ30 are Hang 5520 yuan/ton Huai 5520 yuan/ton South 5500 yuan/ton, Yuanli (direct hair) 5500 yuan/ton Zhongtian 5500 yuan/ton Dongfang 54800 yuan/ton, 40Cr Hang 5730 yuan/ton Huai 5760 yuan / ton; chrome molybdenum 6040 yuan / ton gear Laigang 5920 yuan / ton. In terms of the market: the prices of high-quality and special steel varieties continue to run at a high level, the downstream procurement costs have increased significantly, the willingness to purchase is low, and the market transactions are not good; some traders have accumulated inventory, and the financial pressure is large, and most of them have secretly lowered their prices in order to ship goods. Go to library. Steel mills: The mainstream steel mills in Jiangsu and Zhejiang have some maintenance. In the external market: affected by the low-priced resources in the north, the price difference between the north and the south has been repaired; the thread market fluctuates greatly due to factors such as weather. Judging from the above situation, it is expected that the price of Zhejiang Excellent Steel will be consolidated and run next week.


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 5550 yuan/ton for Huaigang, 5490 yuan/ton for Dongfang Special Steel, 5540 yuan/ton for Hanggang, 40Cr Huaigang 5790 yuan/ton, gear Laigang 5930 yuan/ton, chrome molybdenum Laigang 6130 yuan/ton. In terms of steel mills, the total stock of bars in Jiangsu Youte Steel Plant was 413,900 tons, a decrease of 19,100 tons from last week, a decrease of 4.4% from the previous month, and a decrease of 104,100 tons from the same period last year, a decrease of 20.1% from the same period last year. In the market, the price gap between the north and the south is now narrowing, the number of materials going south from Shandong has decreased, and the local Zhongtian steel plant has been overhauled. The overall market resources are not good. The steel mills and traders have a strong intention to support prices.


Central China market: The market price of special steel in Central China continued to rise this week. Now Zhengzhou 45# Jinan Steel is 5600 yuan/ton, up 50 yuan/ton from last week; Changsha 45# Xianggang is 5550 yuan/ton, up 10 yuan/ton from last week; Wuhan 45# Xianggang is 5420 yuan/ton, compared with last week. Last week rose 80 yuan / ton. In the early stage, the market price of Huazhong Superior Special Steel rose slightly due to the price adjustment policy of mainstream steel mills, but the increase was limited; in the later stage, the price remained stable due to transaction pressure. This week, the transaction in the Huazhong high-quality special steel market was normal, and the traders' inventory and financial pressure were acceptable. There was no maintenance plan for the steel mill, and the production schedule was normal. Based on the above situation, it is expected that the market price of Huazhong Superior Special Steel will run at a high level next week.


Shandong market: The market price of Shandong excellent special steel is generally stable this week. The local excellent special steel price of 45# Luli is 5320 yuan/ton, Fulun is 5320 yuan/ton, Guangfu Dayuan is 5530 yuan/ton, and Xiwang is 5540 yuan/ton. ton, Weigang 5400 yuan / ton, Juneng 5430 yuan / ton. The market price is generally stable this week. Recently, the production of Luli 45# is relatively small, and some resources in the market are in short supply, which has a certain supporting effect on the steel price. It is expected that the local high-quality special steel market price will be mainly consolidated next week.


Chongqing market: The market price of Chongqing excellent special steel continued to rise this week. The current market price is 45#5430 yuan/ton, Xining special steel 5500 yuan/ton, 40Cr5700 yuan/ton, 20CrMnTi5900 yuan/ton, chrome molybdenum 6150 yuan/ton. At present, the total stock of bars in the Chongqing market is 91,400 tons, which is 8,000 tons less than last week. The price of Chongqing market rose slightly this week. The prices of emerging cast pipes and Dongfang special steel in Chongqing market rose this week, and the prices of other steel mills also rose. However, the overall performance of the market transaction was normal. , but the willingness of steel mills to support prices is relatively high. On the whole, it is expected that the market price of Chongqing excellent special steel will continue to run at a high level next week.

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3. Summary of price adjustment of excellent special steel mills

From April 11th to April 16th , the price adjustments of major excellent and special steel mills in the country are as follows: a total of 13 steel mills released price adjustment information in this issue, and a total of 15 times of price adjustment information were 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.

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4. The performance of excellent special steel social inventory

The national total stock of excellent and special steel bar samples was 862,500 tons, a decrease of 1,100 tons or 0.13% from the previous month.

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The transaction volume of national excellent and special steel bar sample enterprises was 337,100 tons, an increase of 1,000 tons or 0.3% from the previous month.

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5. The excellent and special steel market will continue to run smoothly next week

From the comprehensive point of view of the above situation, the inventory of steel mills, social inventory, and social transactions continue to decline, the current price is at a high level, and traders are not in a good mood. In terms of resources, due to the decline in inventory and the shortage of resources in the north, the price has risen, and the price difference between the north and the south has been reduced to 200 yuan. With the decrease in the number of materials going south from Shandong, and the relative shortage of resources in the north, traders and steel mills have a strong willingness to support prices. It is expected that the price of high-quality steel will run smoothly next week.


(CBCC)
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