March 21st Steel Billet Prices Hold Steady

**Steel Billet Prices Hold Steady, Downstream Product Quotations Stable**

In the early hours of the 21st, transactions for steel billets for direct delivery were generally acceptable, with warehouse spot prices hovering around 3460C. Downstream product quotations remained stable as market participants kept a close eye on futures trends and transactions.

Despite minor fluctuations, the steel industry maintained a steady pace in early trading, with steel billet prices showing resilience. The ongoing transactions reflected a moderate demand, contributing to the stability in prices.

Warehouse spot prices were reported at approximately 3460C, indicating a modest but consistent market sentiment among traders and buyers alike. This figure provided a baseline for further negotiations and transactions in the market.

Meanwhile, downstream product quotations remained unchanged, signaling a balanced demand-supply scenario. Market participants were closely monitoring both the futures market trends and ongoing transactions to assess any potential shifts in the market dynamics.

The overall sentiment in the steel industry remained cautiously optimistic, with stakeholders navigating through the market developments with a sense of vigilance. As the day progressed, industry experts anticipated that continued monitoring of market movements would be crucial in determining the future direction of steel prices and transactions.