Weekly summary:2022 China Bearing Steel market trend in fifth week of June up slightly
Weekly summary:2022 China Bearing Steel market trend in fifth week of June up slightly
【Market Summary】
This week, the price of excellent and special steel in the national market rose slightly. As of press time, the national average price of 45# carbon knotted round steel Ф29-85 was 4779 yuan/ton, up 41 yuan/ton from last week. The leading market is Hangzhou Kuti 4710 yuan/ton, Wuxi Kuti 4730 yuan/ton, and Shandong Zhifa 4620 yuan/ton.
In terms of steel mills: 2 steel mills issued price adjustment policies this week, Jiyuan Steel raised its price by 50 yuan/ton, and Tiangang Superior Steel raised its price by 30 yuan/ton. Maintenance: Two steel mills issued maintenance policies this week, and Laigang Special Steel will conduct maintenance on the big bar line for 20 days from July 20th to August 10th. Since July 1st, Tiangang will overhaul the double line of bars for 3 to 4 days.
【Price】
The price of excellent special steel rose slightly this week, the price of 45# rose by 41 yuan/ton; the other varieties rose by 21-87 yuan/ton.
【Regional spread】
From the perspective of regional spreads, prices in mainstream cities rose slightly, with different spreads.
【Forecast】
It is expected that the market price of excellent special steel may continue to operate under pressure next week.
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