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Price Of Bearing Steel In Hangzhou Market Remains Steady

Resource from:  CBCC Likes:3042
Dec 05,2005
Recently, the bearing steel market in Hangzhou remains flat with a few of transaction volume. As arrival of slack season for bearing steel, the chance for price rise looks rather slim. The prices of bearing steel in the local leading factories are listed as follow: the common GCr15 (non-annealing)Φ30-50 in Beiman Special Steel Company was priced at 4000Yuan/ton. Some purchasers even could enjoy the preferable price. As for this kind of material of the same lever, the price in Xingcheng, Dazhi, Yongyong and Xigang was respectively 4250 Yuan /ton, 4100Yuan/ton, 3850Yuan/per ton and 4050 Yuan/ton. The annealing material GCr15 of small specification Φ6.5-12 was relatively lower than other factories. The average price was over 6000 Yuan/ton. Currently, the quality of bearing differ greatly, particular the non-annealing bearing steel. Inferior quality material is depressing the market. The maximum price differential is up to 1000Yuan/ton. Some state-owned enterprises suffered a lot form the price competitive.
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