October 8 Latest Wire Rod Offer

Yesterday, the ex-factory settlement price of some steel plants in Changli was raised by 10 to 3370, and that of 3370 in Qian’an area was raised by 10. Traders’ transaction price including tax was 3460-3470. Today, the Tangshan steel market is weakening, and the downstream finished steel prices are mainly lowered steadily. Tangshan steel billets can be sent directly, and the mainstream warehousing spot is reported to be about 3470 including tax. The low price is mainly cautious. The overall transaction of downstream finished products was weak, and the price of steel billets was locked at 3370 in the afternoon.