[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]

[Steel Mill Discount] Discount for Yonggang's 6-2 phase of ordinary steel in 2025: 10% discount for rebar, 55% discount for wire rod;

[Yonggang's Price Adjustment for Ordinary Steel in the First Phase of June 2025] On June 1, Jiangsu Yonggang announced the ex-factory prices for the first ten days of June, with rebar and wire rod prices both reduced by 100 yuan/mt. The current ex-factory price for rebar is 3,300 yuan/mt, and for wire rod and coiled rebar, it is 3,500 yuan/mt. A subsidy of 170 yuan/mt for rebar and 195 yuan/mt for wire rod will be provided for the May 21-31 period. The monthly discount interest rates for electronic bank acceptance bills in this phase are 1.23‰ for first- and second-tier banks, 1.33‰ for provincial city commercial banks, and 1.53‰ for third- and fourth-tier banks. All prices are tax-inclusive and will be effective from June 1. [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

Yonggang's May 5-3rd Phase 2025 Ordinary Steel Price Adjustment On May 21, Jiangsu Yonggang released its late-May ex-factory prices: rebar and wire rod/coiled prices remained stable. Current prices are 3,400 yuan/ton for rebar and 3,600 yuan/ton for wire rod/coiled. For the May 2nd phase, a rebate of 120 yuan/ton for rebar and 130 yuan/ton for wire rod/coiled will be issued. The monthly discount interest rates for e-bank acceptance drafts are as follows: Category I & II banks: 1.08‰ Provincial city commercial banks: 1.18‰ Category III & IV banks: 1.38‰ All prices above are tax-inclusive and take effect from May 21. [SMM Steel]