This week, the ± 800 kV UHV project of Mengdian to Su (Sui Ning section) began its preliminary work. At the same time, the environmental impact assessment pre-publicity of Hexi-Zhejiang ± 800 kV UHV DC auxiliary thermal power 750 kV transmission project was announced. The project includes the expansion of the 750 kV substation in Weibao North, the 750kV transmission from Jinchang Power Plant in Gansu Province, and the 750 KV transmission from Hongshagang (Weibao) Power Plant in Gansuo Province. The total length of the newly built transmission lines is about 149.6 km, and the construction period is from June 2026 to April 2027.

On March 1, Shagang released its latest ex-factory price for hot-rolled steel. The specific details are as follows: the price of Q235B hot-rolled coil remained unchanged from the previous period. The current price of Q235B 5.75*1500*C hot-rolled coil is 3,500 yuan/mt. All adjustments include taxes and took effect starting from March 1, 2026. [SMM Steel]

[60,000 mt Anode Project Commences] The 60,000 mt per year lithium battery graphite anode material project of Gansu Ruizhi New Materials Co., Ltd. (hereinafter referred to as Ruizhi New Materials) officially broke ground in the Hongshagang Energy and Chemical Industry Concentration Zone, Minqin County, Wuwei City. According to reports, the total investment of the project is approximately 1.42 billion yuan, covering an area of 97 mu. The project will be constructed in two phases. The first phase, with a capacity of 60,000 mt of lithium battery graphitised anode material, is expected to commence trial production in Q1 2026. Upon reaching full production, the annual output value will be nearly 600 million yuan, with an annual tax revenue of 36 million yuan. Data shows that Ruizhi New Materials was established on July 22, 2024, and is primarily engaged in the manufacturing of chemical raw materials and chemical products. It is a subsidiary of Hunan Youre Technology Co., Ltd. Youre Technology stated that Ruizhi New Materials' demonstration project is the first large-scale application case of the company's Y-ECO (Eco) graphitisation furnace globally.

The total investment in Ruizhi New Materials' project with an annual output of 60,000 mt of graphite anode materials for lithium batteries is approximately 1.42 billion yuan. The project will be constructed in two phases. The first phase, with a capacity of 60,000 mt of graphitised anode materials for lithium batteries, is expected to commence trial production in Q1 2026.

【Shagang Building Materials Price Policy】On June 11, Shagang announced its mid-June ex-factory prices, with rebar and wire rod prices remaining steady. The current rebar price is 3,250 yuan, and the wire rod price is 3,410 yuan. All the above prices are tax-inclusive and will take effect from June 11, 2025. 【SMM Steel】

[Shagang Construction Materials Price Policy] On June 11, Shagang announced the ex-factory prices for mid-June. The prices of rebar and coiled rebar remained stable, with the current rebar price at 3250 and coiled rebar price at 3410. All prices above are tax-inclusive and will be effective from June 11, 2025. [SMM Steel]