Bearing steel market tendency in WuXi

Resource from: CBCC Likes:3072

Oct 08,2005

Recently, bearing steel market of WuXi is relatively calm and volume of business is rare. The price details of the local leading steel factories are listed as follow: GCr15Φ80-120 made in DaZhi is about RMB 4150 per ton; GCr15 Φ90-110 is about RMB 6200 per ton; GCr15Φ200 is about RMB 6000 per ton. GCr15Φ35-75 made in WuXi is about RMB 5600 per ton; GCr15Φ45-70 is RMB 4100 per ton. GCr15(414)Φ12-25 made in ShangWu is about 5300 RMB, which is lower than several days ago. GCr15Φ90-110 made in DongTe is about RMB 5200 per ton.; GCr15Φ30-75 is about RMB 4300 per ton. GCr15Φ30-75 made XingCheng is about RMB 4300 per ton. It is known that bearing steel market of WuXi is relatively steady. The price rollback appeared in DaZhi and ShangWu. At present, the demand of steel bearing in WuXi is still rather small with little stock. Though there is a bit of transaction, the whole market is stagnant. The volume of sales has not been increased and the distributor are unsatisfied with the market and they feel very confused about the market tendency.

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