NEWS_SINO BEARINGS

Latest power restrictions

2022-08-22

1. Sichuan province The latest notice time of Sichuan power limit order in 2022 is from 0:00 on August 15th to 24:00 on August 20th. The demand response of active peak misrouting and peak avoidance is cancelled, and industrial enterprises a...

Ferrous metals: The potential impact of escalating conflict

2022-08-17

Fears of a disruption to trade in resources and industrial goods between Russia and Ukraine have risen after the conflict escalated and Europe and the US imposed further sanctions on Russia. In 2021, the net exports of billet and finished s...

NSK and ThyssenKrupp signed a basic agreement on cooperation

2022-08-17

This is to inform you that Japan Seiko Corporation LTD. (hereinafter referred to as NSK) has signed a basic agreement with ThyssenKrupp AG (full name of the company: ThyssenKrupp AG, hereinafter referred to as ThyssenKrupp) on the establish...

Bearing steel market prices rose slightly in August

2022-08-16

Overview: From January to June 2022, the domestic crude steel production of bearing steel decreased by 0.67% year on year, and the production of bearing steel increased by 2.17% year on year. Reviewing the bearing steel market in July, the d...

Schaeffler will buy Ewellix for 582 million euros

2022-08-16

On July 24, German auto parts supplier Schaeffler said it had agreed to buy Swedens Ewellix Group from investment firm Triton for about 582 million euros ($594 million). The offer is understood to exclude Schaefflers assumption of Ewellixs...