[SMM Hot Topic] Adjustment of Price Spreads for Certain Specifications and Dimensions of Circulating Steel Mills in Shaanxi Market

Published: Oct 30, 2025 15:10
Based on the current production situation and market demand, starting October 30, Longgang, Shanxi Jingang Group, Shanxi Jianlong, Shanxi Jianbang, and JISCO will adjust the price spread for construction steel specification groups.

Based on the current production situation and market demand, starting October 30, Longgang, Shanxi Jingang Group, Shanxi Jianlong, Shanxi Jianbang, and JISCO will adjust the price spreads for specification groups of construction steel.

Specific adjustments are as follows: The premium for Φ8-10mm coiled rebar over the Φ20mm rebar specification is adjusted to 260 yuan/mt (previously 230 yuan/mt). The price increase for high-speed wire rod refers to the announcement in the chart below. The above price adjustments take effect from October 30, 2025.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[SMM Steel Market Flash] POSCO Targets 35%-40% Shareholder Return Based on Adjusted Net Income
Apr 30, 2026 22:29
[SMM Steel Market Flash] POSCO Targets 35%-40% Shareholder Return Based on Adjusted Net Income
Read More
[SMM Steel Market Flash] POSCO Targets 35%-40% Shareholder Return Based on Adjusted Net Income
[SMM Steel Market Flash] POSCO Targets 35%-40% Shareholder Return Based on Adjusted Net Income
According to POSCO’s Q1 2026 earnings call, the company has introduced its third interim shareholder return policy and shifted from a free-cash-flow-based approach to a more earnings-linked framework. The new policy targets a shareholder return ratio of 35%-40% of adjusted net profit attributable to controlling interests, to be delivered through a mix of cash dividends and share buybacks or cancellations. POSCO said the change is intended to improve payout visibility while balancing growth investment and shareholder returns.
Apr 30, 2026 22:29
[SMM Steel Market Flash] POSCO Says Middle East Tensions Continue to Squeeze Steel Margins
Apr 30, 2026 22:27
[SMM Steel Market Flash] POSCO Says Middle East Tensions Continue to Squeeze Steel Margins
Read More
[SMM Steel Market Flash] POSCO Says Middle East Tensions Continue to Squeeze Steel Margins
[SMM Steel Market Flash] POSCO Says Middle East Tensions Continue to Squeeze Steel Margins
According to POSCO’s Q1 2026 earnings call, the ongoing US-Iran conflict has pushed up FX, oil, LNG, and logistics costs, creating clear pressure on steel margins. The company said that although sales volumes, production, and utilization rates recovered sequentially, raw material sourcing costs remain elevated due to disruptions linked to the Middle East situation, and this cost pressure is expected to continue into the second quarter.
Apr 30, 2026 22:27
[SMM Hot Topic] HRC Prices Rose MoM in April, Expected to Fluctuate at Highs Before Mid-May
Apr 30, 2026 18:50
[SMM Hot Topic] HRC Prices Rose MoM in April, Expected to Fluctuate at Highs Before Mid-May
Read More
[SMM Hot Topic] HRC Prices Rose MoM in April, Expected to Fluctuate at Highs Before Mid-May
[SMM Hot Topic] HRC Prices Rose MoM in April, Expected to Fluctuate at Highs Before Mid-May
Apr 30, 2026 18:50