Weekly Summary:2022 China Bearing Steel Market Trend in Fourth Week of August Down slightly
Weekly Summary:2022 China Bearing Steel Market Trend in Fourth Week of August Down slightly
【Market Summary】
This week, the price of 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 4281 yuan/ton, down 42 yuan/ton from last week. In the leading market, Hangzhou warehouses offered 4,110 yuan/ton, Wuxi warehouses offered 4,140 yuan/ton, and Shandong Zhifa was 4,090 yuan/ton. The futures disk fluctuated downward, and the market turnover was normal.
In terms of steel mills: 5 steel mills have introduced price adjustment policies this week. (unit: yuan/ton)
【Price】
The price of excellent and special steel fell slightly this week, the price of 45# fell by 42 yuan/ton; the other varieties fell by 27-72 yuan/ton.
【Next week forecast】
It is expected that the market price of excellent and special steel will fluctuate weakly next week.
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