Shagang March 2026 Hot Rolled Price Adjustment Information

Published: Mar 2, 2026 10:17

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]

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[SMM Zhangjiagang Hot-Rolled Coil Inventory] This week, the inventory increase in Zhangjiagang slowed down
Common.Time.minsAgo
[SMM Zhangjiagang Hot-Rolled Coil Inventory] This week, the inventory increase in Zhangjiagang slowed down
Read More
[SMM Zhangjiagang Hot-Rolled Coil Inventory] This week, the inventory increase in Zhangjiagang slowed down
[SMM Zhangjiagang Hot-Rolled Coil Inventory] This week, the inventory increase in Zhangjiagang slowed down
This week, hot-rolled coil inventory in Zhangjiagang was 313,000 mt, up 9,000 mt WoW from pre-holiday levels, an increase of 2.96%; the YoY decline was 29.98% on a calendar-year basis and 29.82% on a lunar-calendar basis.
Common.Time.minsAgo
Data: SHFE, DCE market movement (Mar 03)
1 hour ago
Data: SHFE, DCE market movement (Mar 03)
Read More
Data: SHFE, DCE market movement (Mar 03)
Data: SHFE, DCE market movement (Mar 03)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 03 Mar , 2026
1 hour ago
[SMM Stainless Steel Daily Review] SS Futures Fluctuated and Pulled Back; Stainless Steel Spot Prices Held Steady
1 hour ago
[SMM Stainless Steel Daily Review] SS Futures Fluctuated and Pulled Back; Stainless Steel Spot Prices Held Steady
Read More
[SMM Stainless Steel Daily Review] SS Futures Fluctuated and Pulled Back; Stainless Steel Spot Prices Held Steady
[SMM Stainless Steel Daily Review] SS Futures Fluctuated and Pulled Back; Stainless Steel Spot Prices Held Steady
[SMM Stainless Steel Daily Review] SS Futures Fluctuated and Pulled Back; Spot Stainless Steel Prices Held Steady SMM News on March 3: SS futures fluctuated downward and then pulled back. Base metals futures overall showed a pullback trend, and SS also moved lower in tandem, finally closing at 14,185 yuan/mt. In the spot market, although SS futures pulled back, supported by cost support and boosted by expectations for the “Golden March and Silver April” peak season, spot stainless steel quotes held steady. Today, a major stainless steel producer released a new round of guidance prices, overall unchanged; the market expected stainless steel production to be relatively high in March, and steel mills might focus on active shipments during the month, with the upside in prices likely constrained by increased supply. The most-traded SS futures contract fluctuated downward. At 10:30 a.m., SS2604 was at 14,165 yuan/mt, up 5 yuan/mt from the previous trading day. In Wuxi, spot premiums/discounts for 304/2B were in the 355-555 yuan/mt range. In the spot market, Wuxi cold-rolled 201/2B coils were unchanged on average; for cold-rolled mill-edge 304/2B coils, the average price in Wuxi was unchanged, and the average price in Foshan was unchanged; Wuxi cold-rolled 316L/2B coils rose by 500 yuan/mt; hot-rolled 316L/NO.1 coils in Wuxi rose by 400 yuan/mt; cold-rolled 430/2B coils in both Wuxi and Foshan were unchanged on average. The stainless steel market gradually recovered, with SS futures strengthening and probing higher. Driven by warming expectations for the traditional “Golden March and Silver April” peak consumption season and continued fermentation of news on Indonesian nickel ore, market participants’ bullish sentiment was strong. However, the recovery pace on the spot side was slow, with some traders and downstream end-users yet to resume operations, and market trading…
1 hour ago
Register to Continue Reading
Gain access to the latest insights in metals and new energy
Already have an account?sign in here