The rapidly evolving market dynamics in China are keeping many bearing customers awake at night since there is very little understanding and no real outlook for how the power crisis and steel shortage will unfold. KG International wanted to take this opportunity to share their market perspective on what the situation on the ground is and what the future could potentially look like.
In this article, KG International lays out a rigorous market perspective on what trends have been impacting the bearing industry and how bearing manufacturers are responding. They also present four plausible scenarios for how the future could unfold and share some “no-regret” actions that customers and end users can take to mitigate risk and maintain profitability.
