October 28 Latest Wire Rod Offer

Yesterday, the ex-factory settlement price of some steel plants in Changli and Qian’an was stable at 3430, and the trader’s transaction price including tax was 3480-3490. In the early trading today, the Changli area raised 10 to 3,440. After the increase, the overall billet transaction was weak, and the downstream finished product prices rose steadily. Tangshan steel billet straight delivery was slow, and the mainstream warehousing spot price was around 3,500 temporarily. The price of downstream finished products rose steadily. The narrow-band transactions are good, but the section steel transactions are weak, and the billet prices will increase in the afternoon.

October 27 Latest Wire Rod Offer

Yesterday, the ex-factory settlement price of some steel mills in Changli and Qian’an was 3430, 10 higher than yesterday, and the trading price including tax was 3480-3490. Today, the steel market is slowing down and the overall transaction of steel billets is generally weak. The prices of downstream finished products are mainly stable. Tangshan steel billet direct delivery is acceptable. The mainstream warehousing spot is reported to be low and cautiously traded at 3490. The prices of downstream finished products are mainly stable. The transaction is generally weak, and the billet is cautiously stable in the early afternoon.

October 26 Latest Wire Rod Offer

Yesterday, the ex-factory settlement price of some steel plants in Changli and Qian’an was stable at 3420, and the transaction price of traders including tax was around 3490. In the morning of this day, Changli area raised 10 to 3430. After the increase, the overall transaction of billets was generally weak, and the prices of downstream finished products were mixed. Direct delivery of steel billets in Tangshan was acceptable, and the mainstream warehousing spot reported at 3490. Adjusted, narrow-band transactions were active, section steel transactions were weak, and billet prices rose in the early afternoon.

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