Recalling March bearing steel market, prices rose after the first minor adjustments. As at the end of three, bearing steel GCr15 Φ50 mm hot-rolled annealed material not in the average price of 6,450 yuan / ton, GCr15 Φ100 mm molded material annealing in the average price of 7,940 yuan / ton, compared with the end of 2 are up 400 yuan / ton. 3 months late is not ideal market transactions, the general instability in the market mentality. You then steel spirit of the meeting, accompanied by other high Yuanrancailiao prices up, steel mills facing cost pressures will further increase and will continue to increase bearing steel prices. Will usher in the second quarter of the peak season demand for steel, in view of such a situation, is expected in April bearing steel prices will remain high up. First, the domestic bearing steel output in the first two months this year, China's crude steel production steel bearing about 428,200 tons, with the same period last year representing an increase of 29.5 percent; bearing steel output was 395,200 tons, compared with the same period last year increased by 33.8%. 2008 1-2 in bearing steel steel (steel) production is the top six Xingcheng, East special, Shek steel, tin steel, the new steel smelting steel and Huai. Compared with the same period last year, the largest increase is Huai steel. Second, in March the specific bearing steel market performance in March 2008 bearing steel and characteristics of the operation, mainly in the following aspects: 1,2 bearing on the domestic steel According to reduce the volume of domestic exports of nine major bearing steel production enterprises statistical data Show: February domestic bearing steel for the export of 6,454 tons, representing 16,393 tons of January has been greatly reduced 9,939 tons, 60.6% less than the ring over the same period last year, an increase of 6,270 tons of the 184 tons. February China's exports is mainly bearing steel Xingcheng, February Xingcheng export 6,035 tons, the East special export 365 tons, 64 tons Daye exports. 2,3 bearing steel prices in the country rose after the first adjustment in March various regions of the country bearing steel specific circumstances are as follows: Hangzhou market, in March bearing steel prices Obviously, the turnover in general. As of the end of March, GCr15 (hot) average transaction price in the 6520 yuan / ton, molded annealing GCr15 average transaction price in the 7737 yuan / ton. Changsha market, prices rose in March, were good, fair market resources. As of the end of March, GCr15 (hot) average transaction price in the 6500 yuan / ton, molded annealing GCr15 average transaction price in the 7700 yuan / ton. XI'AN, March bearing steel prices also climbed, the general turnover, resource fair. As of the end of March, GCr15 (hot) average transaction price in the 6450 yuan / tons, molded annealing GCr15 average transaction price in the 7400 yuan / tons. According to data showed: March 2008 GCr15 (not annealing) the average price of hot-rolled material to 6,450 yuan / ton, compared with the sharp rise in February about 450 yuan / ton; GCr15 (annealing) molded the average price for 7,940 yuan / tons, and February compared to 500 yuan / ton higher. Table 3 for the March bearing steel production enterprises in east China sales price. Third, in April bearing steel market outlook 1, the prices of raw materials are still high, and some species are still冲高. Especially the cost of the bearing steel greater impact on the high chromium iron alloy, rising all the way since March. 2,08 in February, the sale of automotive 663,500, an increase of 19.21 percent, the automotive market overall situation remains good, demand is still strong. January-February has shown that the five passenger cars together Automotive Group grew 25.5%, higher than the 28.7 nearly seven percentage points, showed that passenger car market demand remains strong, mainstream cars are good fundamentals. 3, according to the National Bureau of Statistics data show that in February 2008 the national industrial added value last year compared with the increase of 15.4 per cent, of which 16.9 per cent increase in the output value Heavy Industries. Building still show good momentum. In summary, April facing downstream demand gradually enlarge, good or able to maintain the momentum throughout April, the cost and demand driven, it is expected that in April will further bearing steel prices higher.
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