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Weekly Summary:2022 China Bearing Steel Market Trend in Fifth Week of December fluctuated within a narrow range, and the market transactions were poor.

Resource from:  CBCC Likes:234
Jan 03,2023

Weekly Summary:2022 China Bearing Steel Market Trend in Fifth Week of December Fluctuated within a Narrow Range, and the Market Transactions were Poor.

【Market Summary】

1. Prices of mainstream varieties of excellent special steel

This week, the prices of mainstream special steel varieties fluctuated within a narrow range, of which 45# closed at 4376 yuan/ton, down 16 yuan/ton from last week, 40Cr closed at 4611 yuan/ton down 16 yuan/ton from last week, and 20CrMnTi closed at 4785 yuan/ton Compared with last week, it dropped 8 yuan/ton, and 20CrMo closed at 5380 yuan/ton, which was 36 yuan/ton higher than last week.

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Steel mills: No steel mills have introduced price adjustment policies this week. Maintenance: No steel mills have issued maintenance policies this week. It is expected that the market price of excellent and special steel will fluctuate next week. (unit: yuan/ton)


【Next week forecast】

It is expected that the market price of excellent special steel will fluctuate.


(CBCC)
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