Weekly summary:2022 China Bearing Steel market trend in fourth week of May continues to fall slightly
【Market Summary】
This week, the price of excellent and special steel in the national market fell slightly. As of press time, the national average price of 45# carbon knotted round steel Ф29-85 was 5069 yuan/ton, down 115 yuan/ton from last week. In the leading market, Hangzhou warehouse is 4940 yuan/ton, Wuxi warehouse is 4950 yuan/ton, and Shandong direct hair is 4810 yuan/ton. The futures disk fluctuated upwards, and the market volume was heavy.
Steel mills: 2 steel mills introduced price adjustment policies this week, Dongfang Special Steel lowered its price by 100 yuan/ton, and Hanggang Shenghua's daily price was lowered by 100 yuan/ton. Maintenance: No steel mills have issued maintenance policies this week.
【Price】
This week, the price of excellent special steel went up and down. The price of 45# decreased by 115 yuan/ton compared with last week; the other varieties decreased by 90-118 yuan.
【Regional spread】
From the perspective of regional price difference, as the price of mainstream cities decreases, the regional price gap narrows.
【Forecast】
It is expected that the market price of excellent special steel will fluctuate and consolidate next week.
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