September 11-Latest Wire Rod Offer

Yesterday, the ex-factory settlement price of some steel plants in Changli and Qian’an was lowered by 30 from 3420, and the trader’s transaction price including tax was 3470-3480. The settlement price of 3400 tomorrow morning in Changli area was implemented in the early trading today. After the drop, the overall transaction of billet was weak, and the price of downstream finished products was reduced to varying degrees. Tangshan billet was generally delivered directly, and the mainstream warehousing spot reported about 3470. Material prices weakened and adjusted. After the drop, the overall transaction was generally weak. In the afternoon, the billet was settled at 3400 tomorrow morning.