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Weekly Summary:2022 China Bearing Steel Market Trend in Second Week of November Fluctuated within a Narrow Range

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Nov 13,2022

Weekly Summary:2022 China Bearing Steel Market Trend in Second Week of November Fluctuated within a Narrow Range

Market Summary

1. Prices of mainstream varieties of excellent special steel

This week, the prices of mainstream varieties of excellent special steel fell slightly, among which 45# was 4201 yuan/ton, down 13 yuan/ton from last week, 40Cr was 4447 yuan/ton, down 12 yuan/ton from last week, and 20CrMnTi was 4629 yuan/ton, fell 1 yuan / ton from last week, 35/42CrMo closed at 5152 yuan / ton, up 14 yuan / ton from last week.

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Steel mills: No steel mills have introduced price adjustment policies this week. Maintenance: No steel mills have issued maintenance policies this week. It is expected that the market price of excellent and special steel will fluctuate weakly next week. (unit: yuan/ton)

Next week forecast

It is expected that the market price of excellent special steel will down slightly.


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