September 7-Latest Wire Rod Offer

Yesterday, the ex-factory settlement price of some steel plants in Changli and Qian’an was stable at 3480, and the transaction price of traders including tax was 3530-3540. In the morning of today, the Changli area rose by 20 to 3,500. After the increase, the billet transaction weakened, and the downstream finished product prices became stronger and adjusted. Tangshan billet direct delivery was generally weak. The warehouse spot reported 3560-3580 in early trading, including tax-included low-price transactions. The mid-lower rate is now the mainstream price of 3540-3560. The price of finished products in the downstream has become stronger and adjusted. The narrow-band trading is active and the section steel is in general. The price of billet will continue to rise in the afternoon.

September 6-Latest Wire Rod Offer

Yesterday, the ex-factory settlement price of some steel plants in Changli and Qian’an was stable at 3480, and the transaction price of traders including tax was 3530-3540. Today, the steel market is slowing down, billet transactions are weak, downstream finished product prices are mainly stable, and the direct delivery of steel billets is weak, and the warehouse spot is reported to be around 3540 low and higher. The transaction is cautious, and the downstream finished product prices are mainly stable. The transactions of individual varieties were fair, but the overall price was weak. The billets were cautiously stable in the early afternoon.

September 5-Latest Wire Rod Offer

Yesterday, the ex-factory settlement price of some steel plants in Changli and Qian’an was lowered to 3480 by 10, and the transaction price of traders including tax was about 3540. Today, the steel market is slowing down, the billet transaction is weak, the downstream finished product prices remain stable, the direct delivery of the billet is weak, and the warehouse spot reports 3530-3540 low and higher. The transaction is cautious. The downstream finished product prices remain stable and the transactions are divided , The narrow belt is active, the section steel continues to be weak, and the billet stabilizes or drops by 10 in the early afternoon.

September 4-Latest Wire Rod Offer

Yesterday, the ex-factory settlement price of some steel plants in Changli and Qian’an was raised by 30 to 3490, and the transaction price including tax for traders was about 3570. Today, the steel market is slowing down, billet transactions are weak, downstream finished product prices are steadily rising, Tangshan billet direct delivery is weak, warehouse spot prices are 3550-3560 in early trading, including tax, and the low price part of the warehouse is sold, and the mainstream is now reported to be 3530. -3540 closed low and higher, downstream finished product prices rose steadily, narrow-band trading was active, section steel was weak, and billets stabilized or decreased by 10 in the early afternoon.

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