October 29 Latest Wire Rod Offer

Yesterday, the ex-factory settlement price of some steel plants in Changli and Qian’an was increased by 10 from 3,440, and the transaction price of traders including tax was around 3,500. Today’s steel market slows down adjustments. The overall transaction of billets is generally weak. The prices of downstream finished products are mainly stable. The direct delivery of Tangshan steel billets is not smooth. The warehousing spot reports 3500-3510 transactions are difficult. The prices of downstream finished products are mainly stable. , Section steel transactions were weak, and billets remained cautiously stable in the early afternoon.