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Weekly Summary:2023 China Bearing Steel Market Trend in Third Week of January Was Stable

Resource from:  CBCC Likes:261
Jan 21,2023

Weekly Summary:2023 China Bearing Steel Market Trend in Third Week of January Was Stable

【Market Summary】

1.Prices of mainstream varieties of excellent special steel

This week, the price of the mainstream varieties of Youte Steel was stable, including 4415 yuan/ton for 45 #, 4647 yuan/ton for 40Cr, 4819 yuan/ton for 20CrMnTi and 5462 yuan/ton for 35/42CrMo, which was the same as last week. The price and price difference performance of the main market of Youte Steel: this week, Hangzhou, the main market of Youte Steel, received 4390 yuan/ton, Shandong 4220 yuan/ton, and the price difference in the leading cities was 170 yuan/ton.

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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 be stable next week. (unit: yuan/ton)

【Next week forecast】

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


(CBCC)
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