Announcement on Baosteel's Domestic Futures Selling Price Adjustment for Sheets & Plates in October 2025

After thorough research and deliberation, Baosteel has decided to adjust its domestic sales prices for October 2025 based on September 2025 levels. The announcement is as follows (all prices below are exclusive of tax unless otherwise specified):

　　I. Hot Rolling

　　Base price remains unchanged.

　　II. Thick Plate

　　Base price remains unchanged.

　　III. Pickling

　　Base price remains unchanged.

　　IV. Cold Rolling (General)

　　Base price remains unchanged.

　　V. Hot-Dip Galvanizing

　　Base price remains unchanged.

　　VI. Electrogalvanizing

　　Base price remains unchanged.

　　VII. Chalco Zn-Al-Mg

　　Base price remains unchanged.

        VIII. High-Al Zn-Al-Mg

　　Base price remains unchanged.

　　IX. Aluminized Zinc

　　Base price remains unchanged.

　　X. Color Coating

　　Base price remains unchanged.

　　XI. Non-Oriented Silicon Steel

　　Base price remains unchanged.

　　XII. Grain-Oriented Silicon Steel

　　Base price remains unchanged.

　　XIII. Seamless Pipe

　　Base price remains unchanged.

　　XIV. Welded Pipe

　　Base price remains unchanged.

　　XV. Wire Rod

　　Base price remains unchanged.

　　XVI. Bar Steel

　　Base price remains unchanged.

　　XVII. For alloy surcharges and coating/galvanizing surcharge adjustments, please refer to the October 2025 price list.

　　XVIII. This price adjustment notice shall take effect from the date of issuance.

　　XIX. The Marketing Center of Baoshan Iron & Steel Co., Ltd. (Baosteel International) reserves the final right to interpret this price adjustment notice.

　　Baoshan Iron & Steel Co., Ltd.

　　Marketing Center (Baosteel International)

　　September 9, 2025