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Weekly Summary: 2025 China Bearing Steel Market Trend in Second Week of June is Weak

Resource from:  CBCC Likes:62
Jun 23,2025

Weekly Summary: 2025 China Bearing Steel Market Trend in Second Week of June is Weak

1. Review this week

【Price】

This week bearing steel prices weak down, as of today GCr15 absolute price index is 4904 yuan / ton.

【Main Market Overview】

At present, there are insufficient orders for downstream machinery, automobiles and other major steel industries, procurement is mainly based on "small orders only need", lack of batch reserve power. Traders in order to ship more, the overall price fell about 30 yuan / ton compared to last week, the bottom lack of support. In summary, it is expected that next week's market bearing steel price may be a narrow shock.

Hangzhou bearing steel market prices are weak and stable, trading in general. In terms of spot inventory, Zhongtian, Nan Steel, Henan Steel and other resources are abundant, most traders' inventory is maintained at about 1000 tons. This week, Hangzhou bearing steel market prices are stable, downstream procurement is not high, batch replenishment is low, individual merchants are willing to actively reduce prices under financial pressure, the market mentality is differentiated, and the price drops.

In Wuxi market, the main steel factory resources of Tian, Nan Steel, Hen Steel, Yong Steel and so on are abundant, trader inventory is generally maintained at the level of more than 1000 tons, and social inventory is at a moderately high level. In terms of demand, the machinery manufacturing industry is in general, and the bearing support demand is weakened.

Dalian market bearing steel prices are weak and stable, but some merchants slightly lower the quotation to facilitate the transaction. Due to the weak demand of downstream machinery, automobile and other industries, the market trading atmosphere is light, terminal enterprises procure cautiously, more on-demand replenishment, less volume orders.

Luoyang bearing steel market is weak and stable operation, weak transaction. Recently in Luoyang market of Jiyuan steel, DAMETUTE steel supply is relatively abundant, many traders inventory of about 500 tons. Luoyang bearing steel market is affected by the shock of low price resources in the surrounding market and weak local demand, traders shipping pressure increased, some traders decreased by 10-30 yuan / ton to facilitate the transaction, but the terminal procurement is still on demand, the overall transaction has not been noticeably loose.

【Steel factory】

From June 6 to June 13, there is no steel plant price adjustment information in Japan, and next week should continue to pay attention to consumer demand and the impact of steel plant repairs.

2. Next week outlook

This week, the national bearing steel market price weak downward. Supported by the cost of raw materials, steel factory quotation is maintained strong, but downstream procurement momentum release relative restraint, procurement is mostly on demand, the market volume orders are few, some traders to promote shipping, the actual transaction there is room for concession.


(CBCC)
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