[Shagang Construction Steel Price Policy] On June 1, Shagang Group announced the ex-factory prices for the first 10-day period of June. The price of rebar was lowered by 50, while the price of wire rod remained stable. The current price of rebar is 3,250, and the price of coiled rebar is 3,410. All the above prices are tax-inclusive and will be effective from June 1, 2025. [SMM Steel]

[Shagang Construction Steel Price Policy] On June 1, Shagang Group announced the ex-factory prices for the first 10-day period of June. The price of rebar was lowered by 50, while the price of wire rod remained stable. The current price of rebar is 3,250, and the price of coiled rebar is 3,410. All the above prices are tax-inclusive and will be effective from June 1, 2025. [SMM Steel]

On May 15, 2025, the Department of Foreign Trade of the Ministry of Commerce of Thailand issued an announcement stating that, in response to an application from domestic enterprises in Thailand, it had initiated a second sunset review investigation into anti-dumping measures on high carbon steel wire rods (Thai: เหล็กลวดคาร์บอนสูงรวมถึงเหล็กลวดคาร์บอนสูงที่เจือธาตุอื่น; English reference: High Carbon Steel Wire Rods) originating in China. The description of the products under investigation is as follows: They have a circular cross-section with a diameter of less than 14 millimeters and contain a carbon content of no less than 0.76% but no more than 0.92% by weight. The products covered by this investigation fall under the following Thai HS codes: 7213.9130.061, 7213.9130.022, 7213.9130.030, 7213.9130.031, 7213.9130.090, 7213.9190.021, 7213.9190.022, 7213.9190.030, 7213.9190.031, 7213.9190.090, 7227.9010.052, 7227.9010.090, 7227.9090.050, 7227.9090.051, 7227.9090.052, 7227.9090.053, 7227.9090.054, 7227.9090.055, 7227.9090.056, 7227.9090.059, and 7227.9090.090. During the investigation period, anti-dumping duties on the products under investigation will be collected in the form of cash deposits, effective from May 16, 2025, with a validity period not exceeding one year. The announcement will take effect from the date of its issuance. On November 29, 2012, Thailand initiated an anti-dumping investigation into high carbon steel wire rods originating in China. On August 29, 2013, Thailand made a preliminary anti-dumping determination in this case. On May 17, 2014, Thailand made a final anti-dumping determination on the products under investigation originating in China. On October 17, 2014, Thailand imposed anti-dumping duties ranging from CIF 5.17% to 33.98% on the Chinese products under investigation. On May 15, 2019, Thailand initiated the first sunset review investigation into anti-dumping measures on high carbon steel wire rods originating in China. On May 15, 2020, Thailand made a final determination in the first sunset review of this case, deciding to continue imposing anti-dumping duties on the Chinese products under investigation based on the CIF price. The anti-dumping duty rates were set at 12.26% for Benxi Beitai Gaosu Steel Wire Rod Co., Ltd., and for the enterprises under Jiangsu Shagang Group Co., Ltd., including Zhangjiagang Shajing Steel Co., Ltd., Zhangjiagang Hongxing High Wire Co., Ltd., Zhangjiagang Sheen-faith Steel Co., Ltd., Jiangsu Sheen-faith High-Tech Co., Ltd., Zhangjiagang Rongchang High Wire Co., Ltd., and Zhangjiagang Rongsheng Steel Co., Ltd. The rates were all 15.04%, while Jiangsu Yonggang Group Co., Ltd. had a rate of 20.56%, and other enterprises had a rate of 36.79%. The measures were set to terminate on May 15, 2025. The HS codes of the products involved in the case are 7213.9190.021, 7213.9190.022, 7213.9190.030, 7213.9190.031, 7213.9190.090, 7227.9000.050, 7227.9000.051, 7227.9000.052, 7227.9000.053, 7227.9000.054, 7227.9000.055, 7227.9000.056, 7227.9000.059, and 7227.9000.090. (Compiled from: Royal Thai Government Gazette website) Original text: https://ratchakitcha.soc.go.th/documents/70734.pdf https://thaitr.dft.go.th/th/search/AD1026

[Shagang Construction Steel Price Policy] On May 11, Shagang Group announced the ex-factory prices for the mid-May period. The prices of rebar and wire rod remained stable, with the current rebar price at 3300 and coiled rebar price at 3410. All prices above are tax-inclusive and will be effective from May 11, 2025. [SMM Steel]

[New Blast Furnace at Anyang Yongxing Special Steel Undergoes Comprehensive Joint Commissioning!] The blast furnace body, hot blast stove, TRT, and other systems in the capacity integration project of Shagang Group Anyang Yongxing Special Steel Co., Ltd. have all been completed, and the project has officially entered the comprehensive joint commissioning stage. Upon full completion, the project will strongly drive the enterprise to establish a high-end, premium, and special steel production site in Henan Province with greater product competitiveness and regional influence. Yuan Jiajian inspected the project construction and joint commissioning operations on site, learned about the enterprise's demands, and coordinated to resolve difficulties in construction on site. He required the local government and relevant departments to enhance their proactive service awareness, respond to demands in a timely manner, and do everything possible to assist enterprises in overcoming difficulties, so as to promote the early operation and effectiveness of the project and continuously inject strong momentum into the high-quality economic development of our city.

In May 2025, Jiangsu Shagang Group Co., Ltd. announced its pricing policy: The ex-factory prices of cold-rolled non-oriented silicon steel coils were reduced by 100 yuan/mt MoM, with SG50W800 priced at 4,650 yuan/mt (ex-factory price, tax included). A retroactive adjustment of 200 yuan/mt was made to the April prices (i.e., 4,550 yuan/mt). Note: The specific prices are ex-factory prices, tax included.