[Yongsteel 2026 May-2 Carbon Steel Price Adjustment]

Published: May 11, 2026 16:08

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Yongsteel 2026 May-2 construction steel price adjustment: rebar and wire rod were uniformly raised by 50 yuan/mt; current prices were rebar 3,500 yuan/mt, plain wire rod 3,700 yuan/mt, and coiled rebar 3,700 yuan/mt; retroactive supplements for the May-1 period were 95 yuan/mt for rebar and 110 yuan/mt for wire rod; the current period's electronic bank acceptance monthly discount rates were 0.74‰ for tier-1 and tier-2 banks, 0.84‰ for provincial city commercial banks, and 1.04‰ for tier-3 and tier-4 banks. [SMM Steel]

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