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

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

1. Review this week

[Price]

This week bearing steel prices are weak and stable, as of today GCr15 absolute price index is 4857 yuan / ton.

[Main Market Overview]

The bearing steel price is weak in Chatecheng market. Currently, the bearing steel in Chatecheng 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. However, downstream machinery manufacturing and automotive industry demand is weak, orders with "small batch on demand procurement" Mainly, trading is light, the market lacks price incentive, and the overall market mood is cautious. In summary, pre Calculate next week chatcheng market bearing steel price or shock operation. Jiyuan steel GCr15Φ30-75 report 4040 yuan / ton, Giant energy special steel GCr15Φ16-90 3780 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 going to the warehouse is slower. The introduction of foreign resources is superimposed, the market for low-price resources increases, and traders intend to ship Hopefully strong but the deal is light. Overall, it is expected that next week Hangzhou bearing steel prices will continue weak downward trend . As of the release, Zhongtian Steel GCr15Φ40-140 newspaper 4080 yuan / ton, Dai Metallurgical Steel GCr15Φ20-40 newspaper 4620 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 more than 1000 tons, social inventory is in Normal level, traders have plenty of inventory. But the backlog of small and medium-sized resources is obvious, overlapping high temperatures and rainy weather Impact, manufacturing demand is further restricted, market activity is low, and end users generally adopt "Purchase on demand" 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 4070 yuan / ton, GCr15Φ31-90 quotation of Xingcheng Steel It is $5,520/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 Overall stable operation, local terminal enterprises procurement on demand, market supply and demand relationship is more balanced, price changes Not obvious. Steel plant supply remains stable. Overall, short-term downstream demand is expected to be stable Dalian market bearing steel price may continue weak and stable operation. Current steel special steel GCr15Φ81-130 report 4110 yuan/ Tons, Dongcheng shares GCr15Φ86-180 4100 yuan / ton, Jianlong,Beiman GCr15Φ30-75 4210 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 continues just need tone Although the surrounding machinery manufacturing industry demand is robust, but the local terminal enterprise procurement is still cautious, trade Merchant shipments maintain last week's level, and social inventory is in a reasonable range, expected short-term bearing steel spot prices The grid will continue to run smoothly. As of the release, Jiyuan Steel GCr15Φ6.5-23 reported 4340 yuan / ton, Dai Metallurgical Steel GCr15Φ20-40 4620 yuan / ton, Hefei stainless steel GCr15Φ131-180 4190 yuan / ton.

[Steel factory]

July 11-July 18 Japan no steel plant released price adjustment information, next week should continue to focus on consumer demand and steel Impact of factory repair.

2. Next week outlook

This week, the national bearing steel market prices are weak and stable. Current traders are willing to ship stronger but weak, Purchase by "small order on demand" Mainly, overlapping most of the regional high temperature and rainy weather effects, manufacturing demand is further limited, the market is active Low level, market sentiment for the later period has a neutral expectation attitude. Under the drag saw of cost support and weak demand It is expected that the short-term bearing steel market price shock will weaken the operator.