Weekly summary:2022 China Bearing Steel market trend in first week of April will be up 1.21%

1. Prices of mainstream varieties of excellent special steel

This week, the prices of mainstream varieties of excellent and special steel have risen sharply. Among them, 45# is 5495 yuan/ton, up 99 yuan/ton from last week, 40Cr is 5732 yuan/ton, up 94 yuan/ton from last week, and 20CrMnTi is 5897 yuan/ton. It was up 84 yuan/ton from last week, and CrMo closed at 6128 yuan/ton, up 96 yuan/ton from last week.

2. The main market price and spread performance of excellent special steel

This week, Hangzhou, the main market for high-quality and special steel in the country, received 5,510 yuan/ton, and Shandong received 5,300 yuan/ton, with a price difference of 210 yuan/ton in the leading cities.

Zhejiang market: The price of excellent and special steel in Zhejiang was generally stable this week. Mainstream prices above 45#Φ30 are Hang 5520 yuan/ton Huai 5520 yuan/ton South 5500 yuan/ton, Yuanli (direct hair) 5500 yuan/ton Zhongtian 5500 yuan/ton Dongfang 54800 yuan/ton, 40Cr Hang 5730 yuan/ton Huai 5760 yuan / ton; chrome molybdenum 6040 yuan / ton gear Laigang 5920 yuan / ton. In terms of the market: the prices of high-quality special steel varieties continue to run at a high level, the downstream procurement costs have increased significantly, the willingness to purchase is low, and the market transactions are not good; some traders have accumulated inventory, and the financial pressure is large, and most of them have secretly lowered their prices in order to ship out. Go to library. Steel mills: The mainstream steel mills in Jiangsu and Zhejiang have some maintenance. In the external market: affected by the low-priced resources in the north, the price difference between the north and the south has been repaired; the thread market fluctuates greatly due to factors such as weather. Judging from the above situation, it is expected that the price of Zhejiang Excellent Steel will be consolidated and run next week.

Jiangsu market: This week, the market price of Jiangsu excellent and special steel has risen slightly. Now the mainstream price in the market above 45#Φ30 is 5530 yuan/ton for Huaigang, 5470 yuan/ton for Dongfang Special Steel, 5510 yuan/ton for Hanggang, 40Cr Huaigang 5770 yuan/ton, gear Laigang 6120 yuan/ton, chrome molybdenum Laigang 6120 yuan/ton. In terms of steel mills, the total bar inventory of Jiangsu Youte Steel Plant was 433,000 tons, a decrease of 13,700 tons from last week, a decrease of 3.07% from the previous month, and a decrease of 119,600 tons from the same period last year, a decrease of 21.64% from the same period last year. In the market, the enthusiasm for downstream procurement is not strong, the market transactions are poor, and traders are mainly secretly lowering their shipments. Regarding the later price trend, considering the cost of raw materials, steel mills have a strong intention to raise prices. It is expected that the price of Jiangsu excellent and special steel will continue to be high in the short term. shock.

Central China Market: This week, the market price of Central China Superior Special Steel rose as a whole. Now Zhengzhou 45# Jinan Steel is 5550 yuan/ton, up 50 yuan/ton from last week; Changsha 45# Xianggang is 5540 yuan/ton, up 80 yuan/ton from last week; Wuhan 45# Xianggang is 5340 yuan/ton, which is higher than last week. Last week rose 90 yuan / ton. Affected by the sharp rise in the external market during the holiday, the market price of Huazhong Superior Special Steel rose rapidly after the holiday, with a large increase, and then moved at a high level. Due to the high price, downstream enterprises mainly purchase on demand, and the market transaction situation is acceptable; traders are not very motivated to prepare warehouses due to financial pressure and risk pressure, and there are many shortages of market resources and specifications. Based on the above situation, it is expected that the market price of Huazhong Superior Special Steel will fluctuate at a high level next week.

Shandong market: This week, the market price of Shandong excellent special steel has risen slightly. The local special steel price of 45# Luli is 5,300 yuan/ton, Fu Lun is 5,300 yuan/ton, Guangfu Dayuan is 5,530 yuan/ton, and Xiwang is 5,540 yuan/ton. / ton, Weigang 5380 yuan / ton, Juneng 5380 yuan / ton. This week, the market price continued to rise slightly, the transaction was average, and there were not many steel mill resources, which had a certain supporting effect on the price. It is expected that the local high-quality special steel market price will be mainly consolidated next week.

Chongqing market: The market price of Chongqing excellent special steel has risen slightly this week. The current market price is 45#5330 yuan/ton, Xining special steel 5450 yuan/ton, 40Cr5650 yuan/ton, 20CrMnTi5900 yuan/ton, chrome molybdenum 6150 yuan/ton. At present, the total stock of bars in the Chongqing market is 92,200 tons, which is 5,000 tons less than last week. This week, the market price in Chongqing rose slightly. Affected by the increase in the ex-factory price of steel mills and the price increase in the external market, the market price in Chongqing also rose. This week, the market transaction performance was average, and the enthusiasm for downstream purchases was not high, and the wait-and-see mood was relatively strong. However, the cost of traders is relatively high, and there is still purchase demand in the downstream. In the case of high cost and strong demand, the price is in a dilemma. On the whole, it is expected that the price of high-quality special steel in the Chongqing market will continue to run at a high level next week.

3. Summary of price adjustment of excellent special steel mills

From April 6th to April 8th, the price adjustments of major excellent and special steel mills in the country are as follows: a total of 6 steel mills have released price adjustment information in this issue, and a total of 9 times of price adjustment information have been released. In this issue, the price adjustment of steel mills is mainly due to the increase in the price of steel mills. Next week, we should continue to pay attention to the impact of consumer demand and steel mill maintenance.

4. The performance of excellent special steel social inventory

The national total stock of excellent and special steel bar samples was 863,600 tons, a decrease of 35,500 tons or 3.95% from the previous month.

The transaction volume of national excellent and special steel bar sample enterprises was 336,100 tons, a decrease of 5,200 tons or 1.52% from the previous month.

5. Conclusion

Judging from the above situation, the inventory of steel mills, social inventory, and social transactions continue to decline, the current price is at a high level, and traders are unstable. In terms of resources, due to the decline in inventory and the shortage of resources in the north, the price has risen, and the price difference between the north and the south has been reduced to 210 yuan. It is expected that the price of excellent steel will remain stable next week.