October 27 Latest Wire Rod Offer

Yesterday, the ex-factory settlement price of some steel mills in Changli and Qian’an was 3430, 10 higher than yesterday, and the trading price including tax was 3480-3490. Today, the steel market is slowing down and the overall transaction of steel billets is generally weak. The prices of downstream finished products are mainly stable. Tangshan steel billet direct delivery is acceptable. The mainstream warehousing spot is reported to be low and cautiously traded at 3490. The prices of downstream finished products are mainly stable. The transaction is generally weak, and the billet is cautiously stable in the early afternoon.