The performance of the domestic bearing steel market-NEWS-FV BEARING INDUSTRIES

The performance of the domestic bearing steel market

Aug 12, 2021

The performance of the domestic bearing steel market


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 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 electroslag 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.)

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