time2020/12/15
Bearing steel is the steel people use to make balls, rollers, and bearing rings. Bearing steel has a high and uniform hardness and wear resistance, as well as a high elastic limit. Bearing steel is one of the most demanding steel grades in all steel production. The output of domestic crude steel bearing steel increased by 3.68% year-on-year from 1-9 and the output of bearing steel fell 0.85% year-on-year. Until October, the market price of bearing steel still rose slightly.
But given that the current market price is relatively high. It will relatively limit the later price upside space. Therefore, the upward trend of the bearing steel market will slow down in November.
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