September 5-Latest Wire Rod Offer
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.