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[Yonggang Price Adjustment for Ordinary Steel in October 2025, Issue 3]

iconOct 21, 2025 16:26
[Yonggang Steel's October 2025, 3rd Phase Ordinary Steel Price Adjustment] Rebar and wire rod prices uniformly reduced by 50 yuan/mt

[Yonggang's 2025 10-3rd Period Ordinary Steel Price Adjustment] Yonggang's 2025 10-3rd period construction steel price adjustment: rebar and wire rod were both lowered by 50 yuan; current rebar price is 3,400 yuan/mt, ordinary wire rod is 3,600 yuan/mt, coiled rebar is 3,600 yuan/mt; for the 10-1st and 10-2nd periods, a supplement of 180 yuan/mt for rebar and 200 yuan/mt for wire rod was issued; the monthly discount interest rate for electronic bank acceptance bills in this period was 0.75‰ for Class I and II banks, 0.85‰ for provincial city commercial banks, and 1.05‰ for Class III and IV banks. Starting from the 10-3rd period, Yonggang added Φ14 and Φ16 specifications for coiled rebar, with a premium of 80 yuan/mt relative to the base price specification, details can be found in the "Yonggang 2025 10-3rd Period Construction Steel Long-Term Agreement Price List". [SMM Steel]

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