[Steel Mill Price Adjustment]

Published: Jul 11, 2025 14:24

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[Yonggang's Price Adjustment for Ordinary Steel in the 2nd Phase of July 2025] Yonggang's Price Adjustment for Construction Steel in the 2nd Phase of July 2025: Rebar and wire rod prices were uniformly increased by 80 yuan/mt. The current prices are 3,380 yuan/mt for rebar, 3,580 yuan/mt for ordinary wire rod, and 3,580 yuan/mt for coiled rebar. A uniform supplement of 90 yuan/mt was provided for rebar and wire rod from the 1st Phase of July. The monthly discount interest rates for electronic bank acceptance in this phase are 1.03‰ for first and second-tier banks, 1.13‰ for provincial city commercial banks, and 1.33‰ for third and fourth-tier banks. All the above prices are tax-inclusive and will be effective from July 11. [SMM Steel]

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