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Weekly Summary:2022 China Bearing Steel Market Trend in First Week of September Down slightly

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Sep 16,2022

Weekly Summary:2022 China Bearing Steel Market Trend in First Week of September Down 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 4293 yuan/ton, an increase of 8 yuan/ton from last week. In the leading market, Hangzhou warehouses offered 4,170 yuan/ton, Wuxi warehouses offered 4,170 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: this week, a steel mill issued a price adjustment policy, and Tiangang Superior Steel lowered it by 30. (unit: yuan/ton)


【Price】

The price of excellent special steel fell slightly this week, the price of 45# rose by 8 yuan/ton; other varieties rose by 1-10 yuan/ton.

9月 2.png


【Next week forecast】

It is expected that the market price of excellent and special steel will fluctuate weakly next week.


(CBCC)
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