September 5-Latest Wire Rod Offer

Wire Rod

Yesterday, the ex-factory settlement price of some steel plants in Changli and Qian’an was lowered to 3480 by 10, and the transaction price of traders including tax was about 3540. Today, the steel market is slowing down, the billet transaction is weak, the downstream finished product prices remain stable, the direct delivery of the billet is weak, and the warehouse spot reports 3530-3540 low and higher. The transaction is cautious. The downstream finished product prices remain stable and the transactions are divided , The narrow belt is active, the section steel continues to be weak, and the billet stabilizes or drops by 10 in the early afternoon.

September 4-Latest Wire Rod Offer

Wire Rod

Yesterday, the ex-factory settlement price of some steel plants in Changli and Qian’an was raised by 30 to 3490, and the transaction price including tax for traders was about 3570. Today, the steel market is slowing down, billet transactions are weak, downstream finished product prices are steadily rising, Tangshan billet direct delivery is weak, warehouse spot prices are 3550-3560 in early trading, including tax, and the low price part of the warehouse is sold, and the mainstream is now reported to be 3530. -3540 closed low and higher, downstream finished product prices rose steadily, narrow-band trading was active, section steel was weak, and billets stabilized or decreased by 10 in the early afternoon.