[Yonggang's General Steel Price Adjustment for Issue 3-2, 2026] Rebar and Wire Rod Both Remained Unchanged

[ Yonggang 2026 Q1 Regular Steel Price Adjustment ] Yonggang's 2026 Q1 construction steel price adjustment: rebar and wire rod remained stable; current rebar at 3,450 yuan/mt, common wire at 3,700 yuan/mt, and coiled rebar at 3,700 yuan/mt; the monthly discount interest rate for electronic bank acceptance this period was 1.67 per thousand for first and second tier banks, 1.77 per thousand for provincial city commercial banks, and 1.97 per thousand for third and fourth tier banks. [ SMM Steel ]

[Yonggang's 2026 February-1st Phase Ordinary Steel Price Adjustment] Yonggang's 2026 February-1st phase construction steel price adjustment: rebar and wire rod both remained stable; current rebar price is 3,450 yuan/mt, ordinary wire rod is 3,700 yuan/mt, coiled rebar is 3,700 yuan/mt; for the 1st-3rd phase, a supplement of 145 yuan/mt for rebar and 165 yuan/mt for wire rod was issued; the monthly discount interest rates for electronic bank acceptance drafts in this phase were 1.34‰ for Class I and II banks, 1.44‰ for provincial city commercial banks, and 1.64‰ for Class III and IV banks. [SMM Steel]

[Yonggang's 2025 Dec-3rd Phase Ordinary Steel Price Adjustment] Yonggang's 2025 Dec-3rd phase construction steel price adjustment: rebar and wire rod prices remained stable; current rebar price is 3,450 yuan/mt, ordinary wire rod is 3,650 yuan/mt, coiled rebar is 3,650 yuan/mt; a uniform subsidy of 130 yuan/mt was applied for the Dec-2nd phase rebar and wire rod; the monthly discount interest rates for this phase's electronic bank acceptance bills are 1.03‰ for Class I and II banks, 1.13‰ for provincial city commercial banks, and 1.33‰ for Class III and IV banks. [SMM Steel]

Yonggang's June 2025 2nd Phase Ordinary Steel Price Adjustment On June 11, Jiangsu Yonggang issued its mid-June ex-factory prices, with rebar and wire rod/coiled prices remaining steady. Current prices are: rebar at 3,300 yuan/ton, wire rod and coiled rod at 3,500 yuan/ton. A retroactive adjustment of 110 yuan/ton for rebar and 135 yuan/ton for wire rod/coiled rod has been applied to the June 1st phase. The monthly discount interest rates for electronic bank acceptance bills are as follows: Tier 1 & 2 banks: 1.09‰ Provincial city commercial banks: 1.19‰ Tier 3 & 4 banks: 1.39‰ All prices above include taxes and are effective from June 11. [SMM Steel]

[Yonggang's Price Adjustment for Ordinary Steel in the Second Half of June 2025] On June 11, Jiangsu Yonggang announced the ex-factory prices for the mid-June period, with rebar and wire rod prices remaining stable. The current ex-factory price for rebar is 3,300 yuan/mt, and for wire rod and coiled rebar is 3,500 yuan/mt. A supplementary price adjustment of 110 yuan/mt for rebar and 135 yuan/mt for wire rod was made compared to the first half of June. The monthly discount interest rates for electronic bank acceptance bills in this period are 1.09‰ for first- and second-tier banks, 1.19‰ for provincial city commercial banks, and 1.39‰ for third- and fourth-tier banks. All prices are tax-inclusive and will be effective from June 11. [SMM Steel]