September 22-Latest Wire Rod Offer

Yesterday, the ex-factory settlement price of some steel plants in Changli and Qian’an was reduced by 50 from 3320, and the transaction price was 3400 including tax for traders. The settlement price of tomorrow morning is 3320 in the Changli area today. The overall transaction of billet is average, and the price of downstream finished products is adjusted downward. Tangshan steel billet direct delivery is acceptable. In the early trading of warehousing, the mainstream 3400 tax-included outbound part of the transaction is sold. The price of downstream finished products is lowered. The overall transaction was weak, and the billet will be settled at 3320 tomorrow morning in the afternoon.

September 21-Latest Wire Rod Offer

Yesterday, the ex-factory settlement price of some steel plants in Changli and Qian’an was lowered by 10 from 3,370, and the trader’s transaction price including tax was 3440-3450. Today, the steel market is weakly adjusted. The overall transaction of steel billets is weak, and the prices of downstream finished products have declined slightly. Tangshan steel billets are directly issued. The warehouse spot is reported to be 3440 tax-included in the early trading. Due to the downward impact of futures steel, the price dropped to about 3400. The overall transaction of downstream finished products is weak, and the billet will be lowered by 30-40 in the early afternoon.

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.

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