[SMM Hot Topic] Specification Range Price Spread Adjustment for Circulating Steel Mills in the Fujian Market

Published: Mar 18, 2026 14:25

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Based on current production conditions and in light of current market demand, starting from March 17, mainstream steel mills in Fujian (such as Sansteel Minguang, Fujian Sanbao, Fujian Dadonghai, Wuhang, and Fujian Hongfeng) successively adjusted the price spreads for construction steel specification components.

Based on current production conditions and in conjunction with prevailing market demand, mainstream steel mills in Fujian (such as Sansteel MinGuang, Fujian Sanbao, Fujian Dadonghai, Wuhang, and Fujian Hongfeng) successively adjusted the price spreads for specification components of construction steel starting March 17.

The specific adjustments were as follows: The surcharge for Φ12 specifications over Φ18 specifications was raised by 20, from 150 yuan/mt to 170 yuan/mt.

In addition, for Sansteel MinGuang, the surcharge for Φ10 specifications over Φ18 specifications was raised by 20, from 210 yuan/mt to 230 yuan/mt.

The chart below shows announcements from some steel mills. The above price adjustments took effect on March 17, 2026.

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.

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