Shougang Group Steel Products March 2025 Selling Price Policy Adjustment Announcement

Published: Feb 18, 2025 17:29
Shougang Group Steel Products March 2025 Sales Price Policy Adjustment Announcement In March 2025, the prices of some steel products of Shougang Group will be adjusted as follows based on the "Shougang Group Steel Products February 2025 Sales Price Policy": The base price of HRC will be increased by 100 yuan/mt. The base price of pickled coils will be increased by 100 yuan/mt. The base price of cold-rolled coils will be increased by 100 yuan/mt. The base price of hot-dip galvanized sheets will be increased by 100 yuan/mt. The base price of aluminum-zinc and high-aluminum zinc-aluminum-magnesium coils will be increased by 100 yuan/mt. The base price of color-coated sheets will be increased by 50 yuan/mt. The base price of Chalco zinc-aluminum-magnesium products will be increased by 100 yuan/mt. The base price of medium-thickness plates will be increased by 100 yuan/mt. Electrical steel: the base price of non-oriented steel will be increased by 100 yuan/mt, while the base price of oriented steel remains unchanged.

Announcement on the Adjustment of Shougang Group's Steel Product Selling Prices for March 2025

In March 2025, the prices of certain steel products from Shougang Group will be adjusted as follows, based on the "Shougang Group's Steel Product Selling Prices for February 2025":

The base price of HRC will be increased by 100 yuan/mt.

The base price of pickled coils will be increased by 100 yuan/mt.

The base price of cold-rolled coils will be increased by 100 yuan/mt.

The base price of hot-dip galvanized sheets will be increased by 100 yuan/mt.

The base price of aluminum-zinc and high-aluminum zinc-aluminum-magnesium coils will be increased by 100 yuan/mt.

The base price of color-coated sheets will be increased by 50 yuan/mt.

The base price of Chalco zinc-aluminum-magnesium products will be increased by 100 yuan/mt.

The base price of medium-thickness plates will be increased by 100 yuan/mt.

Electrical steel: the base price of non-oriented steel will be increased by 100 yuan/mt, while the base price of oriented steel remains unchanged.

The above adjustments are all tax-exclusive prices and will take effect from the date of issuance. The Marketing Center of Shougang Group reserves the right of final interpretation. This is hereby announced.

Marketing Center of Shougang Group

February 17, 2025

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 Hot-Rolled Coil Daily Trading] Spot Cargo Moved Sideways
7 hours ago
[SMM Hot-Rolled Coil Daily Trading] Spot Cargo Moved Sideways
Read More
[SMM Hot-Rolled Coil Daily Trading] Spot Cargo Moved Sideways
[SMM Hot-Rolled Coil Daily Trading] Spot Cargo Moved Sideways
[SMM Hot-Rolled Coil Daily Trading] On May 21, the combined daily trading volume of hot-rolled coil from SMM's sample enterprises across four cities (Shanghai, Lecong, Tianjin, Ningbo) totaled 13,760 mt, up 160 mt DoD (+1.2%), up 30.06% YoY (solar calendar), and up 26.70% YoY (lunar calendar).
7 hours ago
[SMM Sheets & Plates Daily Review] Limited Downside for Short-term Sheets & Plates Prices
8 hours ago
[SMM Sheets & Plates Daily Review] Limited Downside for Short-term Sheets & Plates Prices
Read More
[SMM Sheets & Plates Daily Review] Limited Downside for Short-term Sheets & Plates Prices
[SMM Sheets & Plates Daily Review] Limited Downside for Short-term Sheets & Plates Prices
Today, the most-traded HRC contract rose first then fell, closing at 3,394 at the end of the session, down 0.59% intraday. HRC spot prices mostly declined 10-20 yuan/mt today, with some markets remaining stable. In terms of supply, weekly hot-rolled production was 3.1739 million mt, up 19,700 mt WoW, with supply pressure relatively neutral. Demand side, morning transactions were moderate, while afternoon futures decline weakened market transactions. Cost side, after macro front disturbances eased, short-term cost support was limited. Looking ahead, overall HRC inventory will continue to decline, with total inventory down 161,300 mt WoW this week. The supply-demand imbalance showed divergence, with inventory in east China and northern regions continuing to decline while ...
8 hours ago
MMi Daily Iron Ore Report (May 21)
8 hours ago
MMi Daily Iron Ore Report (May 21)
Read More
MMi Daily Iron Ore Report (May 21)
MMi Daily Iron Ore Report (May 21)
Today iron ore futures weakened, with the most-traded contract I2609 closing at 789.5 yuan/mt, down 1.07% from the previous trading session. Port spot prices fell 4-8 yuan from the previous day. Traders showed moderate enthusiasm in offering; steel mill purchases were mostly driven by rigid demand; overall spot market transactions were limited.
8 hours ago
Shougang Group Steel Products March 2025 Selling Price Policy Adjustment Announcement - Shanghai Metals Market (SMM)