October 16 Latest Wire Rod Offer
Yesterday, the ex-factory settlement price of some steel mills in Changli and Qian’an was 3390 lower than yesterday by 20, and the transaction price including tax for traders was about 3460. In the morning of this day, Changli area raised 10 to 3400. The overall transaction of steel billets was average. The prices of downstream finished products were mixed. Direct delivery of Tangshan steel billets was acceptable. Warehousing reported 3470-3480. At present, the transaction is divided, the narrow band is acceptable, the section steel is weak, and the price of the billet will increase in the early afternoon.