Yesterday, the ex-factory settlement price of some steel plants in Changli and Qian'an was stable at 3320, and the trader's transaction price including tax was 3380-3390. Today, some steel mills in Changli area will implement the holiday lock-up price of 3300 billets from September 29th to October 5th. The price of billets will be reduced by 20. After the drop, the overall transaction of billets will be average, and the prices of downstream finished products will stabilize and weaken. Direct delivery of billets in Tangshan is acceptable. Part of the transaction was reported as 3380 tax-included out of the warehouse. The price of downstream finished products fell steadily, and the overall transaction was weak. From September 29th to October 5th, the lock price of 3300 was implemented.
