The latest billet price trend in Tangshan market has been running smoothly. The price of China Yipu carbon billet 150*150 Q195-Q235: 3420 yuan/ton, maintaining yesterday’s price; Xindapu carbon billet 150*150 Q195-Q235 Price: 3420 yuan/ton, stable price; Xinglongpu carbon billet 150*150 Q195-Q235 price: 3420 yuan/ton, maintaining yesterday’s price.

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.

Yesterday, the ex-factory settlement price of some steel plants in Changli and Qian’an was 3370, which was stable compared to yesterday, and the transaction price of traders including tax was about 3460. Today, the steel market is stable and down. The overall transaction of billets is average. The prices of downstream finished products are weakened and adjusted. Tangshan steel billet direct delivery is acceptable. Warehousing spot 3440-3450 has all transactions. Downstream finished products prices are stable and weak. The overall transaction is divided and narrow. Fair, the section steel was weak, and the billet was cautiously stable in the early afternoon.