1. Tender Conditions This tender project for Copper Connector and Other Items (AGLGCGHGZHD260605294307) has the bid inviter being the Procurement Management Office of the Procurement Management Department of the Procurement and Sales Center of Lingyuan Iron and Steel Co., Ltd. The tender project funds are self-financed, and the project has met the tender conditions and is now open for public bidding. 2. Project Overview and Tender Scope 2.1 Project Name: Copper Connector and Other Items 2.2 If the tender fails, it will be converted to negotiation procurement 2.3 For the tender content, scope and scale of this project, please refer to the Appendix "Bill of Materials Attachment.pdf". 3. Bidder Qualification Requirements 3.1 Joint bidding is not allowed for this tender. 3.2 The bidders must possess the following qualification requirements: (1) Distribution business license (2) Manufacturing business license 3.3 Bidders must meet the following registered capital requirements: Manufacturing registered capital: RMB 2 million and above Distribution registered capital: RMB 2 million and above 3.4 Bidders must possess the following performance requirements: Provide one copy of the same or similar electrical supply performance after January 1, 2023 (supporting materials: contract and corresponding invoice). Note: To facilitate the verification of performance authenticity and ensure fair and equitable procurement, information such as the performance subject, time, amount, and invoice number shall not be obscured. Any obscured performance will be deemed invalid. Additionally, fully red-inked invoices will be deemed invalid. 3.5 Bidders must also meet the following capability, financial and other requirements: Financial requirements: See the appendix (if necessary) Capability requirements: See the appendix (if necessary) Other requirements: See the appendix (if necessary) 3.6 For projects that must be tendered in accordance with the law, bids from dishonest debtors are invalid. 4. Obtainment of Tender Documents 4.1 All those interested in bidding, please log into the Angang Intelligent Bidding Platform at http://bid.ansteel.cn from 17:00 on June 5, 2026 to 08:00 on June 30, 2026 (Beijing time, the same hereinafter) to download the electronic tender documents. Click to view tender details:

According to the American Iron and Steel Institute (AISI), US domestic raw steel production reached 1.872 million net tons for the week ending May 30, 2026, representing an 8.8% year-on-year increase and a 0.1% week-on-week rise. The capability utilization rate stood at 81.1%, up from 76.6% in the same period last year and slightly above the 81.0% recorded in the previous week. Adjusted year-to-date production through May 30, 2026, totaled 38.925 million net tons with an average capability utilization rate of 78.6%, marking a 6.8% increase from the 36.461 million net tons produced during the same period in 2025. Geographically, the Southern district led production with 848,000 net tons, followed by the Great Lakes (495,000 net tons) and the Midwest (321,000 net tons). The market impact indicates that the sustained growth in US steel output and robust utilization rates reflect a resilient domestic manufacturing sector; supported by localized demand and protective trade measures, North American mills continue to maintain steady supply levels despite broader global market stagnation.

[SMM Steel] The Philippine Iron and Steel Institute expects the country’s steel demand to reach a record 11.1 million mt in 2027, up around 6%, supported by accelerated infrastructure construction ahead of the 2028 national election. The institute said steel consumption in 2026 is likely to remain similar to 2025 levels as stricter government project audits continue to slow construction activity. Despite weaker global steel demand, Philippine steel mills were reportedly not facing major supply disruptions.

A representative from the Philippine Iron and Steel Institute said AI projects will directly require infrastructure, and infrastructure development in turn requires steel. Market attention is also focused on the US-led Pax Silica initiative, which plans to build a 4,000-acre industrial hub in the Philippines to support AI, semiconductor, and critical minerals supply chains. The project is seen as a potential catalyst for stronger industrial investment and steel demand in the country.

[SMM Steel] Brazil’s Finance Ministry proposed a phased roadmap to expand the country’s regulated carbon market, beginning with emissions reporting requirements from 2027. The first phase will cover sectors including iron and steel, cement, paper and pulp, aluminum, oil and gas, refining, and aviation. Additional industries such as mining, electricity, chemicals, and transport will be gradually included between 2029 and 2031. Authorities said each sector will receive a four-year preparation period without immediate carbon costs or emission reduction obligations. A public consultation is scheduled for July, with final rules expected later this year.

【SMM Steel】North Africa's Libyan Iron and Steel Company has successfully completed the commissioning and testing of its new high-precision cold rolling mill, achieving a stable minimum target thickness of 0.25 mm. The project significantly expands Libya's flat steel processing capabilities and will provide critical substrate for higher value-added coated products. LISCO stated the new line aims to meet domestic reconstruction demand and generate export revenues.

[SMM Steel] The American Iron and Steel Institute (AISI) urged the USTR to impose cumulative tariffs under the Section 301 investigation targeting economies linked to global steel overcapacity. AISI highlighted record Chinese steel exports of 131 million mt in 2025 and rising shipments from India, Indonesia, South Korea, Japan, and Mexico. The institute argued that subsidized exports and redirected trade flows are pressuring the US steel market. If approved, additional Section 301 tariffs could be added on top of existing Section 232 duties, potentially lifting total US steel tariffs on some countries to 60-75%.

The American Iron and Steel Institute (AISI) reported that US steel mills shipped 7.74 million net tons in March 2026, marking a 10.9% increase from the 6.98 million net tons shipped in February, though down 0.6% compared to March 2025. Total shipments for the first quarter of 2026 reached 21.82 million net tons, a 1.6% decrease year-on-year. Specifically, shipments of corrosion-resistant steel rose by 12%, cold rolled sheets by 11%, and hot rolled sheets by 6% compared to the previous month. The significant monthly rebound indicates a seasonal recovery in manufacturing and construction demand, though the slight year-on-year decline suggests the market is still adjusting to broader economic cooling compared to the previous year.

On April 9, 2026, the Japanese Cabinet officially approved the latest amendment to the Waste Disposal and Public Cleansing Act (commonly known as the "Waste Cleansing Act"). The core of the amendment is to upgrade metal recycling operations from a notification system to a permit system, and to impose a new obligation requiring confirmation from the Minister of the Environment for scrap metal exports.

[SMM Steel] According to American Iron and Steel Institute, US raw steel production totaled 1.83 mln net tons in the week ending April 25, 2026, down 1.0% week on week, with capacity utilization at 79.3%. Despite the weekly decline, output was up 8.7% year on year, reflecting stronger underlying demand. Year-to-date production reached 29.55 mln net tons, rising 6.0% YoY, with utilization at 77.8%, indicating stable operating conditions in the US steel sector.