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Bearing steel market in ChangSha is unsatisfactory

Resource from:  CBBC Likes:3071
Sep 30,2005
Recently, bearing steel market in ChangSha is unsatisfactory and the business transaction is difficult. The prices of bearing in the leading factories are listed as follow: GCr15Φ50-130 made in DaZhi is about 5500 RMB per ton; GCr15SiMnΦ50-130 is about 6000 RMB per ton; Φ60 is about 4200 RMB per ton, cheaper than earlier stage; GCr15Φ60 made in XiNing is about 5800 RMB peer ton; GCr15Φ30-70 made in ShangDong is about 405 RMB per ton. It is known that the bearing market in ChangSha is weak, and the volumn of business is small. The local bearing traders have a great impression on sale. In order to sale their products as soon as possible, they ruduce the price a bit and offer more favourable price according to the quantity. Even though, the volumn of business hasn't been increased. Therefore, they don't think there will be a a good prospect, and the price will be ruduce more after International Day.
(CBBC)
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