Yongsteel 2026 Period 5-1 construction steel price adjustment: rebar and wire rod both remained stable; current rebar at 3,450 yuan/mt, plain wire rod at 3,650 yuan/mt, coiled rebar at 3,650 yuan/mt; compared with Period 4-3, rebar received a supplement of 160 yuan/mt, wire rod received a supplement of 185 yuan/mt; the electronic bank acceptance monthly discount rates for this period were 0.85‰ for Category I and II banks, 0.95‰ for provincial city commercial banks, and 1.15‰ for Category III and IV banks. [SMM Steel]

[SMM Silicon-Based PV Morning Meeting Minutes] Polysilicon: N-type recharging polysilicon was quoted at 34-36 yuan/kg. Polysilicon prices remained relatively stable during the holiday, with extremely limited order signing in the market. Crystal pulling plants had no significant procurement demand for the time being. Post-holiday surveys and conferences were scheduled, and the market was watching subsequent developments. Wafer: Market prices for 18X wafers were 0.9-0.93 yuan/piece, 210RN wafers were 1.00-1.03 yuan/piece, and 210N wafers were 1.2-1.23 yuan/piece. During the holiday, wafer prices remained stable, and cell prices were expected to rise after the holiday.

[SMM Lead Morning Brief: LME Lead Rose During Holiday Period, SHFE Lead Resumed Trading Today] SMM May 6: Overnight, LME lead opened at $1,948/mt. During the Asian session, LME lead continued the previous day's consolidation trend, fluctuating around $1,950/mt...

[SMM Tin Morning Brief: Tin Prices Retreated from Highs Last Week, Stimulating End-User Enterprises' Stockpiling Willingness]

Indonesian state-owned utility PLN has opened the Mentari Nusantara I solar tender, targeting a total capacity of 1,225 MW across various regions, including 600 MW in Java, 340 MW in Kalimantan, and 120 MW in Maluku and Papua. Launched on April 30, the tender uses the 'Giga One' integrated procurement scheme designed to bundle projects and boost economies of scale. The target commercial operation date for the projects is 2029. The initiative represents a major step toward Indonesia's ambitious target of building 100 GW of solar capacity, building upon the country's current installed capacity of 1.49 GW.

[SMM Morning Meeting Minutes: Macro and Industry Support Intertwined with Geopolitical Risks, Tin Prices Expected to See Short-Term Volatile Recovery]