Yesterday, the ex-factory settlement price of some steel mills in Changli and Qian’an was 3430, 10 higher than yesterday, and the trading price including tax was 3480-3490. Today, the steel market is slowing down and the overall transaction of steel billets is generally weak. The prices of downstream finished products are mainly stable. Tangshan steel billet direct delivery is acceptable. The mainstream warehousing spot is reported to be low and cautiously traded at 3490. The prices of downstream finished products are mainly stable. The transaction is generally weak, and the billet is cautiously stable in the early afternoon.

Yesterday, the ex-factory settlement price of some steel plants in Changli and Qian’an was stable at 3420, and the transaction price of traders including tax was around 3490. In the morning of this day, Changli area raised 10 to 3430. After the increase, the overall transaction of billets was generally weak, and the prices of downstream finished products were mixed. Direct delivery of steel billets in Tangshan was acceptable, and the mainstream warehousing spot reported at 3490. Adjusted, narrow-band transactions were active, section steel transactions were weak, and billet prices rose in the early afternoon.

Yesterday, the ex-factory settlement price of steel mills in Changli area was lowered to 3420 by 20, the ex-factory settlement price of steel mills in Qian’an area was 3440 stable, and the transaction price of traders including tax was 3490. The steel market slowed down this morning. The overall transaction of steel billets was generally weak, and the prices of downstream finished products remained stable. The direct delivery of steel billets in Tangshan was acceptable. There were no transactions in the mainstream warehouse stocks of around 3490 including tax. However, the overall transaction was weak, and the billet remained stable in the afternoon.