Date: 2013-07-31

Bearing Steel: The Domestic Demand will Grow above 10% during "Twelfth Five-Year"

The domestic demand for bearing steel will grow above 10% during "Twlfth Five-Year", which expected to achieve 3.5 million tons by 2011. Wind power bearing steel, high-speed rail bearing steel and large aircraft bearing steel has great development potential in the future. Concentration degree was high for the domestic industry, among which Bao Special Steel Co., Ltd, Dongbei Special Steel Group Co., Ltd, CITIC Pacific, Jiangsu Valin-Xigang Special Steel Co.,Ltd and Zhengzhou Yong Tong Special Steel Co., Ltd accounted 80% of the domestic share.

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