October 12 Latest Wire Rod Offer

Yesterday, the ex-factory settlement price of some steel plants in Changli and Qian’an was 3370, which was stable compared to yesterday, and the transaction price of traders including tax was about 3460. Today, the steel market is stable and down. The overall transaction of billets is average. The prices of downstream finished products are weakened and adjusted. Tangshan steel billet direct delivery is acceptable. Warehousing spot 3440-3450 has all transactions. Downstream finished products prices are stable and weak. The overall transaction is divided and narrow. Fair, the section steel was weak, and the billet was cautiously stable in the early afternoon.

October 9 Latest Wire Rod Offer

Yesterday, the ex-factory settlement price of some steel plants in Changli and Qian’an was 3370, which was stable compared to yesterday, and the transaction price of traders including tax was about 3460. Today, the steel market is stable and down. The overall transaction of billets is average. The prices of downstream finished products are weakened and adjusted. Tangshan steel billet direct delivery is acceptable. Warehousing spot 3440-3450 has all transactions. Downstream finished products prices are stable and weak. The overall transaction is divided and narrow. Fair, the section steel was weak, and the billet was cautiously stable in the early afternoon.

October 8 Latest Wire Rod Offer

Yesterday, the ex-factory settlement price of some steel plants in Changli was raised by 10 to 3370, and that of 3370 in Qian’an area was raised by 10. Traders’ transaction price including tax was 3460-3470. Today, the Tangshan steel market is weakening, and the downstream finished steel prices are mainly lowered steadily. Tangshan steel billets can be sent directly, and the mainstream warehousing spot is reported to be about 3470 including tax. The low price is mainly cautious. The overall transaction of downstream finished products was weak, and the price of steel billets was locked at 3370 in the afternoon.

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