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The downward trend of bearing steel prices in China also affects the price of spitfire bearings

wallpapers News 2021-09-03

In June, domestic bearing steel prices showed a downward trend, and the overall market situation was not good. Due to the particularity of the season, the country is basically in a state of high temperature and rainy, and the whole country is in a state of exhaustion in June. The production orders of some high-end bearing companies are acceptable, and the current market has fallen again, which eases the risk of high prices in the early stage and digests some resources. This supports the price to a certain extent, and the room for price decline in the later period is limited. However, based on feedback from the current downstream situation, the demand for orders from downstream industries such as automotive engineering wind power is not optimistic, and the demand for bearings may remain low. In view of the relatively limited support effect of the demand link on the price, coupled with the unabated capacity release of steel mills, it is expected that the bearing steel market price may show a trend of volatility and weaken in the later period.

The choice of raw materials for the bearing

The choice of raw materials for the bearing directly affects the performance and working life of the bearing. The selection of materials needs to meet the working environment of the bearing. The rings and rolling elements of the bearing not only bear greater stress but also have good wear resistance and dimensional stability. Therefore, the purity of the steel used to manufacture the bearing is very high. FV bearings usually use vacuum degassed steel (VIM, VAR) or electro slag remelted steel (ESR).

There are usually several kinds of materials for manufacturing bearings:

1. High-carbon chromium alloy steel. (Chromium, Mn, Molybdenum,Si,Carbon Steel

2. Carburized steel. (Chromium, Nickel, Molybdenum, Tungsten, Low Carbon Steel

3. High temperature bearing steel. (High-speed steel)

4. Stainless steel. (404,304 Food grade stainless steel)

5. Induction heating hardened steel (C45, 50Mn, 42CrMo steel etc.)

6. Other materials (Aluminum alloy, resin plastic, ceramics, etc.)

The downward trend of bearing steel prices in China also affects the price of spitfire bearings

Due to changes in consumer demand, import and export conditions, and various investigations on the development of spitfire bearings, the cost of spitfire bearings is constantly changing. Taking into account the current market macroeconomic parameters, value chain analysis, channel partners, demand and supply, the cost of spitfire bearings will also be affected to a certain extent. It is estimated that the cost of spitfire bearings will increase slightly from today to the first month of next year. FV Bearing is a leading supplier of precision bearings and bearings-related products across a large spectrum of customers – primarily OEMs and major distributors. Get the latest spitfire bearings price list from FV bearings, you can send an email to sales@fv-bearing.com. Describe your needs and we’ll reply within 48 hrs.

The market trend of spitfire bearings?

The global spitfire bearings market is constantly changing. The latest global market report provides clear and accurate statistics and market estimates of the global spitfire bearings target market, including an analysis of the different factors driving the market growth. It includes market drivers, constraints, opportunities and trends. This is a surprisingly important study that explores the competitive landscape, segmentation, geographic expansion, and revenue, production, and consumption growth of global spitfire bearingss in target markets. In addition, a range of different spitfire bearings market segments and applications are provided to facilitate the development of the spitfire bearings market during the forecast period. In-depth information is based on historical milestones and current trends. In addition, the spitfire bearings market report also covers the spitfire bearings development policy and plan, manufacturing process and cost structure, marketing strategy and other contents, and then analyzes the spitfire bearings top manufacturers, distributors, spitfire bearings marketing channels, potential buyers and spitfire bearings development history.

The market demand for spitfire bearings?

The two World Wars stimulated the development of the military industry. Bearing including spitfire bearings plays an increasingly significant role in the military industry. Bearing is widely used in automobiles, aircraft, tanks, armored vehicles, machine tools, instruments, meters, bicycles, sewing machines and many other fields.  During the Second World War, a large number of bearing plants appeared successively in various countries. The development of spitfire bearings in modern science and technology has promoted the innovative development of bearing technology.

According to the statistics of import and export of spitfire bearings by the customs, it can be seen that the export of is higher than the import, while the import and export both increased, and the export exceeded 34 billion yuan. The increase in both imports and exports of Bearings in China also shows the stable demand and development of the bearing industry.  However, most of China manufactured exports belong to low-end products, and high-end spitfire bearings are highly dependent on imports.  By observing the relationship between China spitfire bearings sales volume and imports, it can be found that there is an obvious positive correlation between the two, indicating that China spitfire bearings market has a great dependence on imports.

The high-quality spitfire bearings supplier

FUWEI(LUOYANG) METALLURGY BEARING with the trade mark ( FV ) is a professional manufacturer of heavy industry bearings and have official locations in Luoyang and Dalian. FV Bearing is a leading supplier of precision bearings and bearings-related products across a large spectrum of customers – primarily OEMs and major distributors. 

We strictly control bearing quality from the raw material selection, design, processing, and quality inspection, and we are committed to providing customers with the highest quality products and services. Get the latest spitfire bearings price list from FV bearings, you can send an email to sales@fv-bearing.com. Describe your needs and we’ll reply within 48 hrs.

 


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