Announcement on Adjustment of Domestic Futures Selling Price for Sheets & Plates of Baosteel in July 2025

After research and deliberation, Baosteel announces the following adjustments to the domestic sales prices of sheets & plates for July 2025, based on the prices in June 2025 (all prices are exclusive of tax unless otherwise specified): 1. Hot-rolled: Base price remains unchanged. 2. Heavy plate: Base price remains unchanged. 3. Pickled: Base price remains unchanged. 4. Cold-rolled: Base price remains unchanged. 5. Hot-dip galvanizing: Base price remains unchanged. 6. Electro-galvanizing: Base price remains unchanged. 7. Chalco Zn-Al-Mg: Base price remains unchanged. 8. High-Al Zn-Al-Mg: Base price remains unchanged. 9. Aluminum-zinc alloy-coated: Base price remains unchanged. 10. Color-coated: Base price remains unchanged. 11. Non-oriented silicon steel: Base price remains unchanged. 12. Oriented silicon steel: Base price remains unchanged. 13. For details on adjustments to alloy premiums and coating/plating premiums, please refer to the price list for July 2025. 14. This price adjustment notice shall come into effect from the date of announcement. 15. The Marketing Center (Baosteel International) of Baoshan Iron & Steel Co., Ltd. reserves the right to interpret this price adjustment notice. Baoshan Iron & Steel Co., Ltd. Marketing Center (Baosteel International) June 9, 2025