October 13 Latest Wire Rod Offer
Yesterday, the ex-factory settlement price of some steel plants in Changli and Qian’an was increased by 10 from 3410, and the trader’s transaction price including tax was 3480-3490. In the early trading today, the Changli area led the rise by 10 to 3420. The overall transaction of billet was weak, and the prices of downstream finished products were mixed. Direct delivery of steel billets in Tangshan was acceptable, and warehousing was currently reported as part of the transaction at 3490. The prices of downstream finished products were stable and rising. The overall transaction was weak, and the price of the billet was expected to rise in the afternoon.