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.