It is difficult for the bearing steel market to ha

2022-08-01
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Since the beginning of November, the bearing steel market has started smoothly, with normal transactions and basically stable prices. The operators are cautiously optimistic about the future market. They believe that the information transmitted by the Third Plenary Session of the 18th CPC Central Committee will have a huge supporting force for the smooth operation of the special steel market, and the main melody of the bearing steel market during the year is still stable. At the beginning of November, the bearing steel market started smoothly with normal transactions and basically stable prices. The operators are cautiously optimistic about the future market. They believe that the information transmitted by the Third Plenary Session of the 18th CPC Central Committee will have a huge supporting force for the smooth operation of the special steel market, and the main melody of the bearing steel market during the year is still stable

recently, Shanghai, Hangzhou, Wuxi, Changzhou, Wuhan, Changsha, Luoyang, 6 Displacement resolution: 0.01mm bearing steel market in Chengdu, Xi'an, Tianjin, Shenyang, Harbin and other major domestic cities has no waves, and the price has not changed much. Hot rolled bearing round steel (GCr15) ф The price of 50mm is mostly unchanged, but there are high and low quotations in various regions. In most regions, the quotation is 4500 yuan/ton, the low quotation is 4200 yuan/ton, and the slightly higher quotation is 4800 yuan/ton ~4900 yuan/ton. In November, the market trend of bearing steel was significantly more stable than that in October. In October, the price of GCr15 Bearing Steel in some markets fell by 30 yuan/ton to 50 yuan/ton. The trading situation of traders was poor and the sales volume shrank slightly

many operators believe that the positive factors that affect the market trend of bearing steel in the later stage are greater than the negative factors, so as to curb the decline in prices. However, due to the overall market environment, there will be no obvious rise in prices

the output of bearing steel in special steel enterprises showed a downward trend. Near the end of the year, many steel mills have entered the annual year-end maintenance. The release of production capacity is blocked and the output will be reduced, which is conducive to the alleviation of the contradiction between supply and demand. Relevant statistical data show that from January to September this year, the output of bearing steel crude steel of major high-quality and special steel enterprises in China was 2.155 million tons, down 1.1% compared with the same period last year, of which the output of bearing steel was 2.117 million tons, down 0.5% year-on-year. In September, the crude steel output of bearing steel in a single month was 211000 tons, and the steel output of bearing steel was 225000 tons, showing a downward trend. In the last two months of this year, if the output of the steel plant continues to decrease due to maintenance, and the contradiction between supply and demand is eased, the market price of bearing steel will stabilize

the rigid support of production cost makes little room for factory price reduction. At present, the prices of iron ore, coke, scrap steel, ferroalloy and other raw materials are strong. Recently, the market price of domestic minerals has risen steadily, while the market price of imported minerals has risen; The market prices of coke and coal rose slightly; The market prices of pig iron and scrap fluctuated slightly, and the price of billets picked up rapidly; The price of special alloys fluctuated slightly, while the price of common alloys rose steadily. In general, the price of raw materials used in the production of Youte steel is in the upward channel of consolidation. The steel plant faces great cost pressure to avoid rusting after the surface is free of paint, and the reduction of the ex factory price of steel is hindered by the high cost

the demand for steel in related downstream industries is expected to further improve. The reform plan issued at the Third Plenary Session of the 18th CPC Central Committee will boost market confidence. The production and sales of the downstream steel industry in the year is expected to further develop well, and the demand for high-quality and special steel such as bearing steel will not decrease. Recently, China's engineering and mining machinery, energy, high-speed rail, rail transit, aerospace, weapons and equipment, shipbuilding and marine engineering equipment industries have a strong demand for bearing steel and other high-quality steel. China's mining machinery manufacturing has made great progress, especially the state's key support for the development of basic industries such as energy, transportation and raw materials, which makes the mining machinery and equipment have a large development space in the future. Under the influence of relevant national policies and plans, the development projects of transportation, water conservancy, urban construction and resource development in the western region ushered in a new round of upsurge, which boosted the mining machinery market. Therefore, the continuous development of relevant downstream industries has injected strong impetus into the stable and good operation of the bearing steel market and the mass production of battery consoles that tepex has been used in trucks

of course, negative factors are also increasing. As the end of the year approaches, the contradiction of market capital shortage intensifies. Both upstream end users and traders are facing a lot of capital pressure. As a result, some trading companies cut prices to ship goods and return the payment for goods, easing the capital contradiction, which will depress the market price. Similarly, the annual start of winter storage in the market and the southward movement of Beicai will impact the balance pattern of resource supply among regions, which may be detrimental to the smooth operation of the bearing steel market in the later period

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