Yongsteel's June 1st, 2025 Price Adjustment for Ordinary Steel (June 1-10 Period) On June 1st, Jiangsu Yongsteel announced its ex-factory prices for the first ten days of June. Both rebar and wire rod/coiled prices were reduced by 100 yuan/ton. The current prices are: rebar at 3,300 yuan/ton, and wire rod/coiled at 3,500 yuan/ton. For the May 21-31 period, a retroactive adjustment of 170 yuan/ton was applied to rebar, and 195 yuan/ton to wire rod/coiled. The monthly discount interest rates for electronic bank acceptance bills are as follows: Tier 1 & 2 banks: 1.23‰ Provincial city commercial banks: 1.33‰ Tier 3 & 4 banks: 1.53‰ All listed prices include taxes and are effective from June 1st. [SMM Steel]