Bearing steel: Domestic demand growth rate exceeds 10% during the "12th Five-Year Plan" period

During the "12th Five-Year Plan" period, domestic demand increased by more than 10%, and in 2011 it is expected to be around 3.5 million tons. In the future, the focus will be on the three major areas of wind power bearing steels, high-speed iron bearing steels, and large aircraft bearing steels. The domestic industry is highly concentrated. Baote, Dongte, CITIC Pacific, Xigang Group and Zhengzhou Yongtong account for more than 80% of the domestic market share.

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