Trending

News

  • 0
  • 0

Bearing steel crude steel production rise also affects the price of the nsk 6908

If you are looking for high-quality products, please feel free to contact us and send an inquiry, email: brad@ihpa.net



In 2021, the domestic crude steel output of bearing steel will increase by 18.95% year-on-year, and the bearing steel output will increase by 18.84% year-on-year. Reviewing the bearing steel market in February, THE price of GCr15 medium and high-end materials is relatively firm, the price of low resources is narrow range shock, and the demand recovery is relatively slow. Up to now, the average price of domestic bearing round steel 50mm(continuous casting) is 6555 yuan/ton, up 12 yuan/ton from the end of January, up 1.83% month on month. With the continuous recovery of market demand in March, and the high cost of the new arrival of the market in late March, bearing steel market price is expected to shock or small pull up but also facing supply and inventory pressure.

At present, the largest bearing steel production enterprises are CITIC Special Steel (Xingcheng Special Steel, Daye Special Steel, Qingdao Iron and Steel), Zhongtian and Bensteel, accounting for 60% of the total output. In 2021, the overall output of bearing steel is increasing, jiu yuan, Xing Steel, Stone Steel, Beiman, Shagang, Xining, Nan Steel, Zhongtian and other steel production has increased compared to the same period last year, only Jianlong, Bensteel, Juneng, zhongtian and other steel production has decreased. According to the feedback from all production enterprises at this stage, steel mills are in normal production in February, and the supply of bearing steel is expected to increase slightly in February.

February iron ore prices rose and then fell, now 62% Australian powder index at $138.2 / dry ton. With the further narrowing of the gap between supply and demand, there is a trend of destocking in the total warehouse. However, due to the high current port inventory, there is still a large room for destocking in March, and the nsk 6908 port inventory mainly fluctuates slightly. Domestic scrap shock up, the end of the average price of 3161 yuan/ton. With the resumption of electric arc furnace steel production, scrap prices as a whole is still relatively firm. After the holiday, a large number of infrastructure projects resume construction, real estate policies have slowed down, construction steel volume increased significantly, supporting scrap steel prices, scrap steel market may be stable and strong operation, currently need to pay attention to downstream enterprises resume work and electric arc furnace steel costs and profits; High carbon ferrochrome market continued to rise, the end of the price at 8711 yuan/ton. After the downstream iron factory replenishes raw material inventory inquiries, coupled with the tradable spot inventory being more limited, traders' stand-up mentality is strong, the transaction center of gravity gradually moved up. If you are looking for nsk 6908 or get more information about nsk 6908, please send an email to sales@ericbearing.com

Production of the nsk 6908

The two inputs that affect production are raw materials and employee wages.

In the early months of the coronavirus outbreak, steel demand fell. The sharp decline has led many steel mills to limit production. An early decline in production and a rebound in economic activity exacerbated price volatility.

Wages are adjusting across China as factory workers have more job options. A growing service sector and opportunities closer to home are forcing factories to raise wages to attract talent.

Logistics of the nsk 6908

As one of the first countries to recover from the virus, China is benefiting from increased exports... Resulting in a shortage of containers and space on ships.

Containers - The trade imbalance is reflected in the number of empty containers sitting in U.S. yards, while China scrambles to find available ones.

Shipping - Chinese manufacturers are rushing to get their products to customers before the Lunar New Year. This year, rising exports and a two-week holiday have forced premium fees for shipping space.

Growth is faster, business is doubling, margins are improving

Be more focused and productive

Become the customer's preferred technical partner

Leading the development of sustainable solutions

We defined a strategic framework based on two concepts: intelligence and cleanliness. Intelligence means delivering connected and tailored products to our customers, as well as using technology to improve the efficiency of our operations. Cleanliness reflects our ability to achieve a more sustainable industry while running our own businesses in a transparent and responsible manner.

These concepts nsk 6908 will guide us on an exciting journey to become a more focused, innovative and profitable industrial player. We have ambitious plans for the future. Having said that, the group introduced updated financial targets only a year ago and we want to meet them before changing existing commitments."

The market demand of nsk 6908?

The global nsk 6908 market value in 2020 is 123.34 billion U.S. dollars and is expected to reach 153.62 billion U.S. dollars by 2027, and the compound annual growth rate will also increase steadily.

A nsk 6908 is a mechanical element that supports relative movement and helps reduce friction caused between moving parts. Bearings are widely used in various industries such as automobiles, wind turbines, construction machinery, mining machinery, agricultural equipment, and machine tools. It is used in automobiles to ensure smooth driving of automobiles, electric vehicles (EV) and other types of vehicles (such as light commercial vehicles and heavy vehicles such as trucks). Due to the increasing utilization of bearing nsk 6908 in various end-use industries, rolling mills and electric vehicles, the global nsk 6908 market has become more and more important. The development of technology has improved the overall efficiency of bearing products in the field and extended the product shelf life.

About Eric Bearing Limited

Since the establishment of ERIC BEARING LIMITED in 2011, Eric Bearing Co., Ltd. has established partnerships with some distributors who have authorized world-renowned manufacturers, such as Swedish SKF bearings, German FAG and INA bearings, and so on. Compared with other competitors, our nsk 6908 price is very competitive, 30% lower than the customer local market. We have set up multiple branch warehouses in Hong Kong Free Port, Shanghai Port and Guangzhou Port. We have more than 8 years of export experience can help you find the ideal purchasing solution. Various brands of bearings have abundant stocks, if you are interested, please feel free to contact us.

Looking for the nsk 6908 or get more information about any other bearings, please send an email to sales@ericbearing.com

Inquiry us

  • tags

Metal Alloy 8.92g/Cm3 High Purity Polished Copper Plate

Metal Alloy High Density Tungsten Alloy Rod Grind Surface Tungsten Alloy Bar

High Purity Antimony Sulfide Sb2S3 Powder CAS 1314-87-0, 99.99%

Metal Alloy 18.5g/cm3 Polished Tungsten Heavy Alloy Plate

Metal Alloy 18g/cm3 High Density Tungsten Alloy Ball

High Purity Molybdenum Boride MoB2 Powder CAS 12006-99-4, 99%

High Purity Nano Hafnium Hf powder CAS 7440-58-6, 99%

High Purity 3D Printing Nickel Alloy IN718 Powder

High Purity Germanium Sulfide GeS2 Powder CAS 12025-34-2, 99.99%

High Purity 3D Printing Alloy CoCrW Powder

High Purity Tungsten Silicide WSi2 Powder CAS 12039-88-2, 99%

High Purity Titanium Sulfide TiS2 Powder CAS 2039-13-3, 99.99%

High Purity Calcium Nitride Ca3N2 Powder CAS 12013-82-0, 99.5%

High Purity Nano Ag Silver powder cas 7440-22-4, 99%

High Purity Chromium Diboride CrB2 Powder CAS 12007-16-8, 99%

High Purity 3D Printing Powder 15-5 Stainless Steel Powder

High Purity Silicon Sulfide SiS2 Powder CAS 13759-10-9, 99.99%

High Purity Magnesium Diboride MgB2 Powder CAS 12007-25-9, 99%

Supply Magnesium Granules Mg Granules 99.95%

High Purity Zirconium Nitride ZrN Powder CAS 25658-42-8, 99.5%

Our Latest Products

Metal Alloy 8.92g/Cm3 High Purity Polished Copper Plate

Copper products exhibit good electrical conductivity as well as thermal conductivity. They are also ductile, resistant to corrosion, and have a high wear resistance. They are widely used by the electrical, electronics, energy and petrochemical sector…

Metal Alloy High Density Tungsten Alloy Rod Grind Surface Tungsten Alloy Bar

Tungsten-nickel-copper/iron alloy is characterized by low thermal expansion, high density, radiation absorption and high thermal and electrical conductivity. It is widely utilized in the aerospace and medical industries. About High Density Tungsten…

High Purity Antimony Sulfide Sb2S3 Powder CAS 1314-87-0, 99.99%

Antimony sulfide can be used to make matches, fireworks and colored glass. It is used in rubber manufacturing as a military and vulcanizing agent.Particle size: 100mesh Purity: 99.99% Antimony Sulfide Sb2S3: Sulfide can be bismuth or black powder…