PRICE OF STEEL AND BEARING —”UP,UP,UP”!!!
Industry News / 2021-03-26

Since the second half of 2020, affected by multiple factors, bearing raw materials have increased significantly. At the end of the year, the price of bearing steel has increased by nearly 30%. Bearing steel has a net increase of 1300 yuan per ton, while bearing steel pipe has a net increase of 2800 yuan per ton. By the end of January 2021, bearing steel has increased by another 300 yuan per ton, with an increase of 35.6%. Coupled with the impact of the rising prices of various raw materials, the prices of related transportation, packaging and other related materials have increased. The prices of bearing steel, cage steel plate, copper, zinc and other raw materials for bearing have been soaring, which has caused great difficulties to the production and operation of bearing enterprises.Affected by the size and structure complexity of bearings, the direct cost of bearing materials generally accounts for about 50% – 70% of the total cost. Therefore, the direct cost of bearing caused by price increase is about 18% – 24%, which does not include the rise of auxiliary materials such as lubrication, packaging and transportation. Rising raw material prices: The following is the price increase notice of…

TBB News Flash–1ST Quarter 0f 2019
Industry News / 2019-03-28

There have a new bearing steel GCr9 appeared in the market,which supplying for Turkey, Poland and some other Europe countries after-market, let’s get the details of what material as below. From the bearing appearance, there is no difference between GCR9 and GCR15, but for the product performance, there have obvious difference. From the bearing appearance, there is no difference between GCR9 and GCR15, but for the product performance, there have obvious difference. Due to the difference of Cr element content, GCr15 have a better performance of wear resistance than GCr9, usually bearing of GCr15 material working life will be longer. . DANA and TBB have a project of needle roller bearing which applied for hydraulic motor. DANA technical and engineer person have inspected TBB Changzhou factory twice on Feb-26th and last December , and our factory satisfied their high quality OE market requests. . . The bearing world has become quite different in 2018 with the introduction of tariffs, price increase of steel in China, closure of factories due to environment issue and also sudden demand increase. Even though the demand levels have now come back to normal with the easing of steel supply as compared to before the cost…

TBB visited 2017 KOAA Show & KOMAF in South Korea
Industry News , TBB Story / 2017-11-04

In the past 4 years, South Korea keeps ranking among the top four in the largest importers of Chinese bearings. As one of the largest markets for Chinese bearings, this October TBB Sales Team paid a visit to 2017 KOAA Show (automotive parts) & 2017 KOMAF (machinery & parts) in Kintex, Goyang-si, Gyeonggi-do, South Korea. Through this trip TBB hoped to seek more business opportunities, and strengthen collaboration relationship with current customers. Oct 18th – 20th, 2017 KOAA Show KOAA Show is the largest automotive industries trade show in Korea also the largest exhibition in the number of exhibitors and visitors in Korea. it is the first exclusive Korean exhibition specializing in auto parts and accessories. From the first day of its existence, KOAA Show has targeted all commercial and international markets. Oct 24th – 27th, 2017 KOMAF KOMAF (Korea Machinery Fair) has been held biannually since 1977 as a leader in machinery exhibitions. As the best machinery fair in Korea, KOMAF brings together the leading machinery companies in one location and makes easy to promote new products and examine innovative technologies.Especially, 2017 KOMAF will be jointly held with other exhibitions related to machinery. This joint exhibition will be the biggest machinery fair in…