Wire Rod

10/08/2020

October 8 Latest wire rod offer

Yesterday, the ex-factory settlement price of some steel plants in Changli was raised by 10 to 3370, and that of 3370 in Qian'an area was raised by 10. Traders' transaction price including tax was 3460-3470. Today, the Tangshan steel market is weakening, and the downstream finished steel prices are mainly lowered steadily. Tangshan steel billets can be sent directly, and the mainstream warehousing spot is reported to be about 3470 including tax. The low price is mainly cautious. The overall transaction of downstream finished products was weak, and the price of steel billets was locked at 3370 in the afternoon.
10/07/2020

October 7 Latest wire rod offer

Yesterday, the ex-factory settlement price of some steel plants in Changli was raised by 60 from 3360, and by 40 from 3360 in Qian'an area. Traders' transaction price including tax was 3460-3470. In the morning of this day, the settlement price of billet in Changli area was raised from the 7th to the 8th of 3370, and the bid was raised on the 9th. The price of downstream finished materials remained stable. Direct delivery of billet in Tangshan was available. Some varieties of materials were kept at a discount in the disk, the overall transaction was weak, and the price of steel billets was locked at 3370 in the afternoon.
09/30/2020

September 29-Latest wire rod offer

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.
09/28/2020

September 28-Latest wire rod offer

The mainstream trend of the latest billet prices in Tangshan market performed smoothly. The price of China Yipu carbon billet 150*150 Q195-Q235: 3320 yuan/ton, maintaining yesterday's price; Xindapu carbon billet 150*150 Q195-Q235 Price: 3320 yuan/ton, maintaining yesterday's price; Xinglongpu carbon billet 150*150 Q195-Q235 price: 3320 yuan/ton, stable price.
09/27/2020

September 27-Latest wire rod offer

Yesterday, the ex-factory settlement price of some steel plants in Changli and Qian'an was reduced by 10 from 3,320, and the trader's transaction price was 3,400 including tax. Today's steel market is weakening. The overall transaction of steel billets is average, and the prices of downstream finished products are stable and down. Tangshan steel billets are sent directly. The warehouse spot is reported to 3380 including tax. The transactions are mainly concentrated in short-term resources. The prices of downstream finished products are stable. The overall transaction is divided, and the section steel is weak. After the 145 steel strip falls, it is still acceptable, and the billet will be settled at 3320 tomorrow morning.