Weekly Summary:2023 China Bearing Steel Market Trend in Third Week of February Fluctuate within a Narrow Range
Weekly Summary:2023 China Bearing Steel Market Trend in Third Week of February Fluctuate within a Narrow Range
Overview: This week, the overall trend of national high-quality special steel prices first fell and then rose. At the beginning of this week, the price dropped slightly, mainly due to the decline of steel billet and the fluctuation of futures price. In the middle of this week, the futures market began to rise, and the operating rate in the south gradually increased, the demand was released, and the transaction volume increased significantly. The north has been affected by the weather for a long time. At present, the downstream has not fully resumed work, the operating rate is still low, the demand is obviously insufficient, and the market activity is low.
【Market Summary】
This week, the prices of mainstream special steel varieties fell slightly. 45# closed at 4479 yuan/ton, down 5 yuan/ton from last week. 40Cr received 4716 yuan/ton, an decrease of 10 yuan/ton compared with last week. 20CrMnTi closed at 4890yuan/ton, an increase of 4yuan/ton compared with last week. 35/42CrMo closed at 5,532 yuan/ton, an increase of 7 yuan/ton compared with last week.
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 be fluctuate next week. (unit: yuan/ton)
【Next week forecast】
It is expected that the market price of excellent special steel will be fluctuate.
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.
Next Even pillow block bearings are getting environmental
BRIEF INTRODUCTION
Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.
Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.
China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.
