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Weekly summary:2022 China Bearing Steel market trend in fourth week of April Remains Stable

Resource from:  CBCC Likes:135
May 25,2022

Weekly summary:2022 China Bearing Steel market trend in fourth week of April Remains Stable

1. Summary

This week, the price of excellent and special steel in the national market remained stable. As of press time, the national average price of 45# carbon knotted round steel Ф29-85 was 5,406 yuan/ton, down 4 yuan/ton from Monday. In the leading market, Hangzhou warehouse offers 5,310 yuan/ton, Wuxi warehouse offers 5,320 yuan/ton, and Shandong Zhifa is 5,240 yuan/ton. Steel mills: No steel mills have released price adjustment policies this week. Maintenance: No steel mills have issued maintenance policies this week.

2. Price

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3. Regional spread

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4. Conclusion

It is expected that the market price of excellent special steel will consolidate next week.


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