Weekly Summary: 2025 China Bearing Steel Market Trend in Second Week of July is Weak and Stable

Weekly Summary: 2025 China Bearing Steel Market Trend in Second Week of July is Weak and Stable

1. Review this week

[Price]

This week bearing steel prices are weak and stable, as of today GCr15 absolute price index is 4862 yuan / ton.

[Main Market Overview]

Changcheng market bearing steel prices are running steadily. Currently, the bearing steel in the Changcheng market has ample spot resources, huge energy Stable arrival of steel factories such as Gam Steel and Ousen, trader inventory is generally more than 1500 tons, and the supply is relatively stable Yes. At present, downstream demand performance is flat, machinery manufacturing and automotive industry procurement rate is slowing, the market Trading is mainly on small orders, in order to facilitate a slight downward adjustment of the market price, the overall market sentiment is cautious In summary, it is expected that next week Chatuchak market bearing steel price or plate operation. Now Jiyuan Steel GCr15Φ30 -75 4060 yuan / ton, special steel GCr15Φ16-90 3810 yuan / ton.

Hangzhou market bearing steel prices are weak. In terms of spot inventory, Zhongtian, South Steel, Henan Steel and other resources Supply is abundant, most traders stock is maintained at about 1,000 tons. Currently, the overall stock pressure of the market is still good. But the speed of warehousing is slower. Terminal replenishment on demand, market transactions are mainly small orders. The steel plant maintains normal life production, and repair steel plant has been repaired. Overall, it is expected that next week Hangzhou market bearing steel price or Mainly with stability. As of publication, Zhongtian Steel GCr15Φ40-140 newspaper 4100 yuan / ton, large metallurgical steel GCr15Φ20-40 newspaper 4630 yuan / ton.

Wuxi market bearing steel prices weak and stable operation. In the Wuxi market, the main steel plant resources are Tian, Nan steel, This steel, permanent steel and other supply is sufficient, trader inventory is generally maintained at the level of more than 1000 tons, social inventory At a normal level. On the market side, traders are willing to ship strongly, but order picking is not ideal, overlapping The impact of high temperatures and rainy weather, manufacturing demand is further limited, market activity is low, and end users Widespread adoption of "on-demand procurement" Strategy. Overall, bearing steel prices in the Wuxi market are expected to continue to run under pressure in the short term. Until the release, the current GCr15Φ40-140 quotation of Zhongtian Steel is 4100 yuan / ton, GCr15Φ31-90 quotation of Xingcheng Steel It is $5,540/ton.

Dalian market bearing steel prices weak and stable operation. Dalian market main steel factory resources Bengang, Dongte, Jianlong, Beiman supply is abundant, large-scale trade store inventory is maintained at about 1,000 tons. Current prices in the Northeast region The overall stable operation, local terminal enterprises procurement on demand, the market supply and demand relationship is more balanced. Steel plant aspects Supply to maintain a stable overall view, it is expected that the short-term downstream demand has not seen any obvious fluctuations. Measure the short-term Dalian market bearing steel price or will continue weak and stable operation. Current steel special steel GCr15Φ81-130 newspaper 4120 Yuan / ton, DongTE shares GCr15Φ86-180 4110 yuan / ton, Jianlong, Beiman GCr15Φ30-75 4220 yuan / ton.

Luoyang market bearing steel prices run smoothly, weak transaction. Recently Luoyang market on Jiyuan steel, Daegu The supply of special steel is more abundant, many traders stock in about 500 tons. Market trading maintains just the right pace Although the surrounding machinery manufacturing industry demand is still good, but the local terminal enterprise procurement is still cautious, traders out Shipments remained flat compared to last week, and social inventory remained at a reasonable level. Overall, it is expected that short-term bearing steel Goods prices will continue to move smoothly and steadily. As of release, Jiyuan Steel GCr15Φ6.5-23 reported 4360 yuan / ton, large Metallurgical steel GCr15Φ20-40 4630 yuan / ton, Hefei stone steel GCr15Φ131-180 4200 yuan / ton.

[Steel factory]

From July 4 to July 11, there is no steel plant in Japan to release price adjustment information, and next week should continue to focus on consumer demand and steel plants Impact of repair.

2. Next week outlook

This week the national bearing steel market price weak and stable operation. Currently downstream procurement dynamic energy release relative restraint, the market The pace of procurement slowed, traders' inventory motivation weakened, and market sentiment remained neutral toward the latter stage. In cost Under the weak game of support and demand, it is expected that the short-term bearing steel market price is biased.