1. Procurement Conditions This procurement project, the February 2026 Externally Purchased Metallurgical Coke for Chaoyang Steel (AGCYGTHHD260210268461), was procured by the Equipment Support Department of Ansteel Group Chaoyang Steel Co., Ltd. The procurement project funds came from self-raised sources, and the project has met the procurement conditions. A public single-round negotiation is now being conducted. 2. Project Overview and Procurement Scope 2.1 Project Name: February 2026 Externally Purchased Metallurgical Coke for Chaoyang Steel Procurement Failure Transition to Other Procurement Method: Transition to Direct Procurement 2.3 The procurement content, scope, and scale of this project are detailed in the attachment "Material List Attachment.pdf". 3. Bidder Qualification Requirements 3.1 Consortium bidding is not allowed for this procurement. 3.2 This procurement requires bidders to possess the following qualification requirements: See the attachment (if required) 3.3 This procurement requires bidders to meet the following registered capital requirements: Circulation-type registered capital: 20,000,000.0 yuan and above 3.4 This procurement requires bidders to possess the following performance requirements: See the attachment. 3.5 This procurement requires bidders to possess the following capability requirements, financial requirements, and other requirements: Financial requirements: See the attachment. Capability requirements: Not required, Other requirements: See the attachment. 3.6 For this procurement, which is a project that must be tendered according to law, bids from discredited persons subject to enforcement shall be invalid. 4. Procurement Document Acquisition 4.1 All interested bidders, please log in to the Ansteel Smart Tender and Bidding Platform at http://bid.ansteel.cn between 14:00 on February 10, 2026 and 08:00 on February 12, 2026 (Beijing Time, the same hereinafter) to download the electronic procurement documents. Click to view tender details:

1. Tender Conditions This tender project for the March 2026 reduced iron powder of the Metallurgical Materials Company (PGPYNSHGZHD260206268171) has Pangang Metallurgical Materials Co., Ltd. Refractory Business Division as the bid inviter. The funds for the tender project are from self-raised sources. The project has met the tender conditions and is now proceeding with open tender. 2. Project Overview and Tender Scope 2.1 Project Name: March 2026 Reduced Iron Powder of the Metallurgical Materials Company 2.2 Transition from Failed Tender to Other Procurement Method: Transition to Negotiated Procurement 2.3 The specific content, scope, and scale of the tender for this project are detailed in the attachment "Material List Attachment.pdf". 3. Bidder Qualification Requirements 3.1 Consortium bidding is not allowed for this tender. 3.2 This tender requires the bidder to possess the following qualification requirements: (1) Production-type business license (2) Distribution-type business license 3.3 This tender requires the bidder to meet the following registered capital requirements: Production-type registered capital: 2 million yuan and above Distribution-type registered capital: 1 million yuan and above 3.4 This tender requires the bidder to possess the following performance requirements: Must provide scanned copies of at least one main business contract or VAT invoice issued. 3.5 This tender requires the bidder to possess the following capability requirements, financial requirements, and other requirements: Financial requirements: See the attachment for details (if required) Capability requirements: See the attachment for details (if required) Other requirements: See the attachment for details (if required) 3.6 For projects that must be tendered according to law, bids from discredited persons subject to enforcement will be invalid. 4. Obtaining Tender Documents 4.1 Interested bidders, please log in to the Ansteel Smart Tender Platform at http://bid.ansteel.cn from 18:00 on February 09, 2026, to 08:45 on March 03, 2026 (Beijing Time, the same hereinafter) to download the electronic tender documents. Click to view tender details:

1. Procurement Conditions This procurement project for Cold Rolling and Silicon Steel Backup Roll, among other items (AGGFGSHGXHD260209268395), is procured by the Production Spare Parts Procurement Department of the Equipment and Materials Procurement Center of Ansteel Co., Ltd. The procurement project funds are self-raised. The project has met the procurement conditions and is now conducting an open inquiry and comparison. 2. Project Overview and Procurement Scope .2.1 Project Name: Cold Rolling and Silicon Steel Backup Roll, among other items 2.2 Procurement Failure Leading to Alternative Procurement Method: Switch to Negotiated Procurement 2.3 The procurement content, scope, and scale of this project are detailed in the attachment "Material List Attachment.pdf". 3. Bidder Qualification Requirements 3.1 Consortium bidding is not allowed for this procurement. 3.2 This procurement requires bidders to possess the following qualification requirements: See attachment (if required) 3.3 This procurement requires bidders to meet the following registered capital requirement: For manufacturing entities: Registered capital of 3 million yuan or more 3.4 This procurement requires bidders to possess the following performance requirements: See attachment 3.5 This procurement requires bidders to possess the following capability requirements, financial requirements, and other requirements: Financial requirements: See attachment Capability requirements: See attachment Other requirements: See attachment 3.6 For projects that by law must undergo tender procedures, bids submitted by discredited persons subject to enforcement shall be invalid. 4. Procurement Document Acquisition 4.1 Interested bidders please log in to the Ansteel Intelligent Tender and Bidding Platform at http://bid.ansteel.cn from 09:30 on February 10, 2026, to 13:15 on February 26, 2026 (Beijing Time, the same hereinafter) to download the electronic procurement documents. Click to view tender details:

[Steel Mill Maintenance] Handan Iron & Steel commenced maintenance on a 3,200m³ blast furnace on February 6, which is expected to last until March. The daily average hot metal production impact is estimated at approximately 7,300 mt. [SMM Steel]

[Steel Mill Maintenance] Ansteel Bayuquan is expected to commence maintenance on a 4,000m³ blast furnace on February 25, with the maintenance period anticipated to last 26 days. The daily average hot metal production impact is estimated to be around 9,000 mt. [SMM Steel]

Nová Hut (formerly Liberty Ostrava) in the Czech Republic announced a CZK 150 million ($7.3 million) investment for 2026 on February 3. The funds will be used for the preparatory construction of a new 1.5 mtpa Electric Arc Furnace (EAF). This move is part of the European steel industry's shift away from coal-dependent blast furnaces toward scrap-based or DRI-based production to meet emission targets.