October 28 Latest Wire Rod Offer
Yesterday, the ex-factory settlement price of some steel plants in Changli and Qian’an was stable at 3430, and the trader’s transaction price including tax was 3480-3490. In the early trading today, the Changli area raised 10 to 3,440. After the increase, the overall billet transaction was weak, and the downstream finished product prices rose steadily. Tangshan steel billet straight delivery was slow, and the mainstream warehousing spot price was around 3,500 temporarily. The price of downstream finished products rose steadily. The narrow-band transactions are good, but the section steel transactions are weak, and the billet prices will increase in the afternoon.