Weekly Summary:2022 China Bearing Steel Market Trend in Third Week of August Stable
Weekly Summary:2022 China Bearing Steel Market Trend in Third Week of August Stable
【Market 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 4323 yuan/ton, down 3 yuan/ton from last week. In the leading market, the warehouse in Hangzhou is 4,200 yuan/ton, the warehouse in Wuxi is 4,200 yuan/ton, and the Shandong direct hair is 4,170 yuan/ton. The futures disk fluctuated upwards, and the market turnover was normal.
In terms of steel mills: this week, 3 steel mills introduced price adjustment policies. (unit: yuan/ton)
【Price】
The price of excellent and special steel was stable this week, and the price of 45# fell by 3 yuan/ton; the rest of the varieties were generally stable.
【Next week forecast】
It is expected that the market price of excellent special steel will fluctuate within a narrow range next week.
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