October 7 Latest Wire Rod Offer
Yesterday, the ex-factory settlement price of some steel plants in Changli was raised by 60 from 3360, and by 40 from 3360 in Qian’an area. Traders’ transaction price including tax was 3460-3470. In the morning of this day, the settlement price of billet in Changli area was raised from the 7th to the 8th of 3370, and the bid was raised on the 9th. The price of downstream finished materials remained stable. Direct delivery of billet in Tangshan was available. Some varieties of materials were kept at a discount in the disk, the overall transaction was weak, and the price of steel billets was locked at 3370 in the afternoon.