[Yonggang General Steel Price Adjustment for Phase 3-2 of 2026]

Published: Mar 11, 2026 15:48

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

[Yonggang’s 2026 March, Phase 3-2 General Steel Price Adjustment] Yonggang’s 2026 March, Phase 3-2 construction steel price adjustment: rebar and wire rod remained unchanged; current prices are rebar at 3,450 yuan/mt, common wire rod at 3,700 yuan/mt, and coiled rebar at 3,700 yuan/mt; for Phase 2-2, Phase 2-3, and Phase 3-1, compensation of 190 yuan/mt for rebar and 240 yuan/mt for wire rod will be provided; for this phase, the monthly discount interest rates for electronic bank acceptance bills are 1.29‰ for Tier 1 and Tier 2 banks, 1.39‰ for provincial city commercial banks, and 1.59‰ for Tier 3 and Tier 4 banks. Starting from Phase 3-2, the premium for Yonggang rebar Φ22 relative to the Φ18 base-price specification was adjusted from 30 yuan/mt to 50 yuan/mt, and the premium for Φ25 relative to the Φ18 base-price specification was adjusted from 50 yuan/mt to 80 yuan/mt; other specifications will be implemented according to the original standard. For details, please refer to the "Yonggang 2026 March, Phase 3-2 Long-Term Contract Price List for Construction Steel" (effective from March 11, subject to the client’s ten-day plan attribution time) [SMM Steel]

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