TBB News Flash–1ST Quarter 0f 2019

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.

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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.

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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 pressure still remains on importers of bearings. With more than 95% import requirements of economy quality sourced from China the sudden jolt did question the stability of business.

In this whole events – India came as a rescue for a lot of customers in western countries given the marginal price difference as compared to China and more stability of prices. With the changing dynamics of trade India has the second largest capacity of bearing production after China for economy level quality. With increasing costs from China, India will definitely gain to develop its own industry for exports. But obviously as compared to China the pricing will always be an issue for Indian manufacturers given the lesser incentives on exports from Indian government and also the higher cost of capital. Do you have any unique view of this topic, will it bring any change on your side? Please feel free to share with us!

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