October 25 Latest Wire Rod Offer
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.