September 18-Latest Wire Rod Offer

Wire Rod

Yesterday, the ex-factory settlement price of some steel plants in Changli and Qian’an was stable at 3370, and the trader’s transaction price including tax was 3440. Changli area led the rise by 10 to 3380 in early trading today. After the rise, the billet transaction was weak, and the downstream finished product prices rose steadily. Tangshan billet direct delivery was acceptable, and the mainstream warehousing spot reported 3440-3450 including tax. Steady adjustments, narrow-band transactions are available, and section steels appear to be average, and the price of billets will be increased in the early afternoon.