October 30 Latest Wire Rod Offer

Yesterday, the ex-factory settlement price of some steel plants in Changli and Qian’an was stable at 3440, and the transaction price of traders including tax was around 3,500. In the morning of this day, Changli area raised 10 to 3450. The overall transaction of billet was fair, and the price of downstream finished products was stable and strong. Tangshan billet direct delivery was fair. Warehousing spot 3500-3510 included tax out of the warehouse. There was a transaction in early trading of 3500-3510 including tax. Report 3520-3530 cautiously traded, the downstream finished product prices stabilized and strengthened adjustment, the overall transaction was acceptable, and the billet prices will increase in the afternoon.

October 29 Latest Wire Rod Offer

Yesterday, the ex-factory settlement price of some steel plants in Changli and Qian’an was increased by 10 from 3,440, and the transaction price of traders including tax was around 3,500. Today’s steel market slows down adjustments. The overall transaction of billets is generally weak. The prices of downstream finished products are mainly stable. The direct delivery of Tangshan steel billets is not smooth. The warehousing spot reports 3500-3510 transactions are difficult. The prices of downstream finished products are mainly stable. , Section steel transactions were weak, and billets remained cautiously stable in the early afternoon.

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.

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