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Weekly summary:2022 China Bearing Steel market trend in third week of April will be down 0.21%

Resource from:  CBCC Likes:143
Apr 24,2022


1. Prices of mainstream varieties of excellent special steel

This week, the price of mainstream varieties of special steel dropped slightly, among which 45# was charged 5508 yuan/ton, down 13 yuan/ton from last week, 40Cr was 5747 yuan/ton, down 16 yuan/ton from last week, and 20CrMnTi was 5901 yuan/ton It was down 17 yuan/ton from last week, and CrMo closed at 6149 yuan/ton, down 15 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 national quality and special steel, received 5480 yuan/ton, Shandong received 5350 yuan/ton, and the price difference of the leading cities was 130 yuan/ton.


Zhejiang market: The price of special steel in Zhejiang was generally stable this week. The mainstream price of 45#Φ30 and above is Hang 5480 yuan/ton Huai 5510 yuan/ton South 5480 yuan/ton, Yuanli (direct hair) 5460 yuan/ton Zhongtian 5480 yuan/ton Dongfang 5450 yuan/ton, 40Cr Hang 5690 yuan/ton Huai 5740 yuan / ton; chrome molybdenum 6100 yuan / ton gear Laigang 5900 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. On the whole, it is expected that the price of Zhejiang Excellent Steel will be consolidated next week.


Jiangsu market: The market price of Jiangsu excellent special steel dropped slightly this week. Now the mainstream price in the market above 45#Φ30 is 5520 yuan/ton for Huaigang, 5460 yuan/ton for Dongfang Special Steel, 5500 yuan/ton for Hanggang, 40Cr Huaigang 5760 yuan/ton, gear Laigang 5900 yuan/ton, chrome molybdenum Laigang 6100 yuan/ton. In terms of steel mills, the total inventory of bars in Jiangsu Youte Steel Plant was 408,700 tons, a decrease of 5,200 tons from last week, a decrease of 1.26% from the previous month, and a decrease of 82,100 tons from the same period last year, a decrease of 16.73% from the same period last year. In terms of the market, the price of Shandong is now rising, the price difference between the north and the south is narrowing, and it is difficult for the north material to go south.


Central China market: This week, the market price of special steel in Central China was generally stable. Now Zhengzhou 45# Jinan Steel is 5600 yuan/ton, unchanged from last week; Changsha 45# Xianggang is 5500 yuan/ton, down 50 yuan/ton from last week; Wuhan 45# Xianggang is 5410 yuan/ton, down from last week 10 yuan / ton. This week, the transaction in the Huazhong high-quality special steel market was poor, the demand of downstream enterprises was average, and the market had a price but there was no market. In the middle of the week, the pricing policy of mainstream steel mills was stable, and the market price was stable; the social transaction volume was weak, and the inventories of traders increased, and the pressure on inventory and funds was obvious; the steel mills have no maintenance plan for the time being, and the production schedule is 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: This week, the market price of Shandong excellent special steel has risen slightly. The local special steel price of 45# Luli is 5350 yuan/ton, Fulun is 5320 yuan/ton, Guangfu Dayuan is 5500 yuan/ton, and Xiwang is 5540 yuan/ton. / ton, Weigang 5380 yuan / ton, Juneng 5420 yuan / ton. The market price rose slightly this week, the market resources were slightly tight, and the merchants' shipments were acceptable. 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 is generally stable 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. Temporarily stable compared to last week. At present, the total stock of bars in the Chongqing market is 93,100 tons, a decrease of 1,700 tons from last week. This week, the market price in Chongqing was basically stable, the transaction performance was average, and the price was running at a high level. It is expected that the Chongqing excellent and special steel market will run at a high level next week.

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3. Summary of price adjustment of excellent special steel mills

From April 18th to April 23rd, the price adjustments of major excellent and special steel mills in the country are as follows: A total of 11 steel mills have released price adjustment information in this issue, and a total of 11 price adjustment information have been released. In this issue, the price adjustment of steel mills is mainly stable.

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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 860,200 tons, a decrease of 2,300 tons or 0.27% from the previous month.

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The transaction volume of national excellent and special steel bar sample enterprises was 356,700 tons, an increase of 19,600 tons or 5.81% from the previous month.

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

Judging from the above situation, social inventory has dropped for six consecutive weeks, and social transactions have increased slightly. The overall market price dropped slightly, the price in the north was still strong, and the price difference between the north and the south was as small as 130 yuan/ton. From the perspective of steel mills, the inventory of steel mills fluctuates normally. Zhongtian Iron and Steel and Quzhou Yuanli are conducting maintenance, and resources tend to be tight. At present, traders and steel mills are willing to support prices. It is expected that the price of excellent steel will run smoothly at a high level next week.


(CBCC)
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