September 20-Latest Wire Rod Offer

Yesterday, the ex-factory settlement price of some steel plants in Changli and Qian’an was 3380, and the trader’s transaction price including tax was 3450. Today, the settlement price of billet in Changli area is 3370 tomorrow morning, down 10, billet transactions are average, downstream finished products are lowered, and Tangshan Steel Plant’s billet direct delivery is acceptable, and the market warehouse spot reports 3440-3450. Weak, the billet will be settled at 3370 tomorrow morning.

September 18-Latest Wire Rod Offer

Yesterday, the ex-factory settlement price of some steel plants in Changli and Qian’an was stable at 3370, and the trader’s transaction price including tax was 3440. Changli area led the rise by 10 to 3380 in early trading today. After the rise, the billet transaction was weak, and the downstream finished product prices rose steadily. Tangshan billet direct delivery was acceptable, and the mainstream warehousing spot reported 3440-3450 including tax. Steady adjustments, narrow-band transactions are available, and section steels appear to be average, and the price of billets will be increased in the early afternoon.

September 17-Latest Wire Rod Offer

Yesterday, the ex-factory settlement price of some steel plants in Changli and Qian’an was lowered by 20 from 3,370, and the transaction price of traders including tax was 3420-3440. In the early trading today, the settlement price of 3370 in the Changli area tomorrow morning. The overall transaction of billet is average, and the price of downstream finished products is stable and down. Direct delivery of Tangshan steel billet is acceptable. The mainstream warehousing spot is reported to be 3430-3440. Stable and trending downward adjustments, the overall transaction was fairly average. Today, the price of billet is stable, the price of steel enterprises is stable, the market price is stable, and the overall transaction is poor.

September 16-Latest Wire Rod Offer

Yesterday, the ex-factory settlement price of some steel plants in Changli and Qian’an was lowered by 30 from 3,390, and the transaction price of traders including tax was 3,450. Today’s steel market is weakly adjusted. The overall transaction of steel billets is average, and the prices of downstream finished products are weakening. Tangshan steel billet is generally directly issued. The mainstream warehousing spot in early trading is reported at 3430-3440. Partial transactions are driven by futures steel. Closed higher, some transactions were made at low prices. Downstream finished product prices weakened and adjusted. After the drop, the overall transaction improved, and the billet remained cautiously stable in the early afternoon.

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