September 16-Latest Wire Rod Offer
Yesterday, the ex-factory settlement price of some steel plants in Changli and Qian’an was lowered by 30 from 3,390, and the transaction price of traders including tax was 3,450. Today’s steel market is weakly adjusted. The overall transaction of steel billets is average, and the prices of downstream finished products are weakening. Tangshan steel billet is generally directly issued. The mainstream warehousing spot in early trading is reported at 3430-3440. Partial transactions are driven by futures steel. Closed higher, some transactions were made at low prices. Downstream finished product prices weakened and adjusted. After the drop, the overall transaction improved, and the billet remained cautiously stable in the early afternoon.