The Domestic Bearing Steel Market Is Running Smoothly And The Market Prospect Is Very Promising.

Recently, the domestic bearing steel market has maintained a stable operation from the overall perspective. The price is stable and high running. Some bearing steel manufacturers are booming and have full confidence in the latter market.

Reporters learned from some steel traders and manufacturers, this year, the domestic bearing steel market steadily better, market pactions are acceptable.

The manager of the steel trading company told reporters that after the first wave of rise, the price of the bearing steel market is basically stable. For example, at the end of June and early July, the price of the bearing steel market in Shanghai area is relatively stable. The price of Huarun 28mm- 50mm steel bearing (GCr15) market is 7200 yuan / ton / ton (not annealing); Baosteel Special Steel Company produces 14mm- 14mm- 25mm bearing steel (GCr15), the price is 9100 yuan / ton (not annealing); the price of 25mm- 25mm- 70mm bearing steel (GCr15) produced by Xining special steel is 7400 yuan / ton (not annealing); Xingcheng's 55mm- 55mm- 100mm bearing steel (55mm-) price is 7800 yuan / ton (not annealing). According to a company specializing in Shanghai's special steel trade.

In early July, the price of bearing steel in the Beijing market was basically stable. The price of the 30mm- annealed 75mm bearing steel (GCr15) thermal annealed material in Fushun special steel company was 8500 yuan / ton, and the 16mm price quoted was 8800 yuan / ton, and the 30mm- 30mm- 75mm price was 7450-7550 yuan / ton.

The bearing steel market in Hangzhou, Wuhan and Guiyang has also maintained a stable operation pattern, and the price has not changed much.

Some manufacturers and businessmen have made an in-depth investigation on the supply and demand situation of the domestic bearing steel market this year. We believe that this year's bearing steel market has become a highlight of the whole excellent steel market, and it is also a hot spot for manufacturers and businesses to pay attention to.

Recently, reporters in Jiangyin Xingcheng Special Steel Co., Ltd., this year, the factory's bearing steel production and sales flourishing, the monthly output of 24 thousand tons, still in short supply, several major domestic automobile manufacturers have ordered the bearing steel to Xingcheng company, and a number of bearing manufacturers also directly purchase steel shaft bearing steel.

Some steel mills intensify production of Chengde Steel according to market demand.

Shanghai Baosteel Group Five steel company is one of the domestic bearing steel production bases. In recent years, bearing steel has been booming.

Last year, five steel developed high quality bearing steel, such as cars, freight cars, speed passenger cars bearing steel, the production of new bearing steel products increased by 23.8% over the previous year.

In the first half of this year, the bearing steel output of the company has reached 78 thousand tons, an increase of 35.3% over the same period last year.

According to statistics, in 2008 1-5 months, China's bearing steel crude steel output was about 1 million 141 thousand and 700 tons, compared with the same period last year increased by 29%. In May, the bearing steel crude steel output was 202 thousand and 700 tons, the growth rate was 21.6%. In 1-5 months, China's bearing steel production was 1 million 60 thousand tons, compared with the same period last year increased 32.7%. In May, the national bearing steel production was 200 thousand tons, the growth rate was 23.3%.

According to the manager of Xingcheng Special Steel Company, the company is selling products, so we can see that the domestic bearing steel market is booming.

Indeed, according to statistics from the China Bearing Industry Association on 116 national enterprises and major enterprises in the national bearing industry, 1-5 enterprises in this year accounted for 498 million 400 thousand sets of 498 million 400 thousand production units, representing an increase of 10.51% over the same period last year; 483 million sales of bearing finished products, an increase of 7.99% over the same period last year; sales of bearing exports were 185 million sets, up 4.55% over the same period last year; the total industrial output value reached 7 billion 636 million 400 thousand yuan, an increase over the same period last year; the industrial added value was 7 billion 636 million 400 thousand yuan, an increase over the same period last year.

The production and sales volume of bearing manufacturing enterprises has been increasing, which has stimulated the demand of bearing steel and has become a major support for the bearing steel market to run smoothly and the price is running high.

In addition, the production cost of bearing steel has been rising continuously, and the factory factory price has been raised to curb the fall of the bearing steel market price.

This year, due to the continuous high price of iron ore, coke, scrap, oil, electricity and pportation, the recent rise in oil price, electricity price and freight rate, and the production cost of bearing steel are rising steadily. The mills are out of their helplessness, so they have to raise the factory price of bearing steel moderately, and the pressure of purchasing cost of traders has increased correspondingly.

Moreover, the international market is promising, demand continues to flourish and prices are running high.

According to the manager of Xingcheng Special Steel Company in Jiangyin, the Swedish SKF company, which is the world's largest bearing manufacturer, has carried out strict auditing on Xingcheng Special Steel Company. The bearing steel is used here. This year, Xingcheng company has developed two new types of steel according to the needs of SKF automobile wheel hub carbon bearing steel. At the same time, it has not provided 4 new products. Now, it continues to develop new products of bearing steel balls, bar and annealed steel, and hot-rolled steel for bearing rings of advanced automobiles.

This year, Xingcheng's bearing steel export situation is gratifying, and export volume continues to grow.

The newly developed ultra pure bearing steel cold drawing material of the five steel company of Shanghai Baosteel Group provides the world's largest Mini bearing production enterprise, Japan Mei Bei Ya company, which is used for the manufacture of high-speed mute bearing steel for air conditioners, and is well received by users.

According to statistics, the export volume of domestic bearing steel was 7202 tons in May 2008, a slight increase of 85 tons compared with 7117 tons in April, an increase of 1.2% in the chain, an increase of 2380 tons compared with 4822 tons in the same period last year.

Some operators and people in the industry believe that these factors are the main reasons for the overall smooth and well run price of China's bearing steel market this year.

For the trend of the bearing steel market in the later stage, market analysts believe that the current operation pattern will remain unchanged. This is determined by the strong demand of the domestic bearing market. At present, China has become one of the largest bearing production countries in the world.

China's own bearing market is huge, especially the rapid development of the domestic mainframe industry, providing larger market space for the development of the bearing industry.

In the first half of this year, the added value of the machinery industry increased by 27.3% over the same period last year. The average growth rate of CNC machine tools, forklift trucks, shovel soil pportation machinery, power generation equipment, smelting equipment and metal rolling equipment increased by more than 50%. The total export volume of Mechanical products increased by 46% over the same period last year.

As a result, the bearing demand is pulled.

In addition, the demand for mechanical and electrical bearings for a number of national key projects such as the west to east gas pipeline project, the west to East power pmission project, the south to North Water Transfer Project, the Three Gorges of the Yangtze River, the 2008 Beijing Olympic Games and the Shanghai World Expo in 2010, have built a huge platform for the bearing market.

Judging from the supply of resources, recently, some steel mills have been affected due to the shortage of power supply, and the release of capacity has been affected. Some steel mills have overhauled equipment to avoid the impact of electricity prices.

Some steel mills will also avoid the peak period of electricity consumption during the peak period of electricity consumption. Therefore, the output of steel plants has been reduced, and the domestic bearing steel market has been running smoothly.

The contradiction between supply and demand will not be prominent, which determines the basic pattern of the stable operation of the domestic bearing steel market in the later period.