Announcement on Adjustment of Selling Price Policy for Shougang Group's Steel Products in May 2025

Published: Apr 15, 2025 18:00

In May 2025, Shougang Group adjusted the prices of some of its steel products based on the "Shougang Group's Sales Price Policy for Steel Products in April 2025" as follows:

1. The base price of HRC remains unchanged.

2. The base price of pickled sheet remains unchanged.

3. The base price of cold-rolled sheet remains unchanged.

4. The base price of hot-dip galvanized sheet remains unchanged.

5. The base prices of galvalume, high-aluminum zinc-aluminum-magnesium sheet remain unchanged.

6. The base price of color-coated sheet remains unchanged.

7. The base price of Chalco's zinc-aluminum-magnesium products remains unchanged.

8. The base price of medium-thickness plates remains unchanged.

9. Electrical steel: The base prices of non-oriented and oriented electrical steel remain unchanged.

The above adjustments are all tax-exclusive prices. This adjustment will be effective from the date of issuance, and the Marketing Center of Shougang Co., Ltd. reserves the right of interpretation.

This announcement is hereby made.

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
8 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).
8 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