Yaoquan SteelYAOQUAN STEEL
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Affected by raw material nickel price fluctuations, 304 stainless steel sheet and coil prices showed a volatile trend this week. Traders maintained firm quotes, while end-users purchased on demand, with overall market transactions stable.
45# carbon steel round bar prices increased slightly this week, mainly due to rising iron ore costs and recovering downstream demand. Industry insiders expect short-term prices to remain stable.
Recently, 65Mn spring steel market supply is sufficient with stable prices. Automotive industry demand remains stable, and machinery manufacturing industry procurement has increased, with active market transactions.
Cr12MoV mold steel prices rose slightly this week, mainly due to scrap steel price increases and steel mill price adjustments. Mold industry demand is gradually recovering, with order volume increasing month-on-month.
GCr15 bearing steel market transactions are good, and domestic special steel enterprises maintain stable production. Wind power and new energy vehicle industries continue to drive demand for high-end bearing steel.
Affected by raw material nickel price fluctuations, 304 stainless steel sheet and coil prices showed a volatile trend this week. Traders maintained firm quotes, while end-users purchased on demand, with overall market transactions stable.
45# carbon steel round bar prices increased slightly this week, mainly due to rising iron ore costs and recovering downstream demand. Industry insiders expect short-term prices to remain stable.
Recently, 65Mn spring steel market supply is sufficient with stable prices. Automotive industry demand remains stable, and machinery manufacturing industry procurement has increased, with active market transactions.
Cr12MoV mold steel prices rose slightly this week, mainly due to scrap steel price increases and steel mill price adjustments. Mold industry demand is gradually recovering, with order volume increasing month-on-month.
GCr15 bearing steel market transactions are good, and domestic special steel enterprises maintain stable production. Wind power and new energy vehicle industries continue to drive demand for high-end bearing steel.