Announcement on the Adjustment of Domestic Futures Selling Prices for Baosteel's Sheets & Plates for January 2026

Published: Dec 9, 2025 16:44

After research and decision, Baosteel's domestic sales prices for January 2026 will be adjusted on the basis of December 2025 as follows (all prices below are exclusive of tax unless otherwise specified):
I. Hot Rolling
The base price increased by 100 yuan/mt.
II. Thick Plate
The base price increased by 100 yuan/mt.
III. Picking
The base price increased by 100 yuan/mt.
IV. Cold Rolling
The base price increased by 100 yuan/mt.
V. Hot-Dip Galvanizing
The base price increased by 100 yuan/mt.
VI. Electrogalvanization
The base price increased by 100 yuan/mt.
VII. Chalco Zinc-Aluminum-Magnesium
The base price increased by 100 yuan/mt.
VIII. High Aluminum Zinc-Aluminum-Magnesium
The base price increased by 100 yuan/mt.
IX. Aluminized Zinc
The base price increased by 100 yuan/mt.
X. Color Coating
The base price increased by 100 yuan/mt.
XI. Non-Oriented Silicon Steel
The base price increased by 100 yuan/mt.
XII. Grain-Oriented Silicon Steel
The base price increased by 100 yuan/mt.
XIII. Seamless Steel Tube
The base price increased by 100 yuan/mt.
XIV. Welded Pipe
The base price increased by 100 yuan/mt.
XV. Wire Rod
The base price increased by 100 yuan/mt.
XVI. Bar Steel
The base price increased by 100 yuan/mt.
XVII. For details on alloy surcharges and coating/plating surcharge adjustments, please refer to the January 2026 price list.
XVIII. The above price adjustments take effect from the date of announcement.
XIX. Baoshan Iron & Steel Co., Ltd. Marketing Center (Baosteel International) reserves the right of final interpretation of this price adjustment notice.
Baoshan Iron & Steel Co., Ltd.
Marketing Center (Baosteel International)
December 9, 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] Hoa Phat targets 38–40% steel pipe market share after new plant launch
Apr 24, 2026 18:19
[SMM Steel] Hoa Phat targets 38–40% steel pipe market share after new plant launch
Read More
[SMM Steel] Hoa Phat targets 38–40% steel pipe market share after new plant launch
[SMM Steel] Hoa Phat targets 38–40% steel pipe market share after new plant launch
[SMM Steel] Hoa Phat Group aims to raise its steel pipe market share to 38–40%, up from around 35% currently, following the commissioning of its Long An plant (400,000 mt/year), lifting total capacity to 1.2 mln mt/year. Q1 2026 pipe sales rose 30% YoY to 241,000 mt, significantly outpacing industry growth (+7%), while market share increased by 5 percentage points YoY. The company plans to focus on large-diameter pipes for infrastructure projects, targeting less competitive segments. Expansion will depend on actual construction demand, while competition is intensifying as peers such as Nam Kim Steel also ramp up capacity.
Apr 24, 2026 18:19
[SMM Steel] India turns net steel exporter in FY2026, but outlook clouded by EU barriers and geopolitics
Apr 24, 2026 18:18
[SMM Steel] India turns net steel exporter in FY2026, but outlook clouded by EU barriers and geopolitics
Read More
[SMM Steel] India turns net steel exporter in FY2026, but outlook clouded by EU barriers and geopolitics
[SMM Steel] India turns net steel exporter in FY2026, but outlook clouded by EU barriers and geopolitics
[SMM Steel] India became a net exporter of finished steel in FY2025–26, with exports rising 36% YoY to 6.6 mln mt, exceeding imports by 78,000 mt. Growth was driven by strong EU demand, with Europe accounting for a major share and exports to Vietnam surging to 772,000 mt. However, the outlook remains uncertain as EU safeguard quotas are set to tighten from July and CBAM costs increase, reducing competitiveness. At the same time, the Iran conflict has disrupted shipments to the GCC and pushed up freight costs, prompting mills to scale back exports. While opportunities exist in CRC exports and markets like Vietnam and the Middle East, these are tempered by policy risks and ongoing geopolitical uncertainty.
Apr 24, 2026 18:18
[SMM Steel] Canada launches AD sunset review on rebar imports from seven countries
Apr 24, 2026 18:18
[SMM Steel] Canada launches AD sunset review on rebar imports from seven countries
Read More
[SMM Steel] Canada launches AD sunset review on rebar imports from seven countries
[SMM Steel] Canada launches AD sunset review on rebar imports from seven countries
[SMM Steel] Canada’s Canadian International Trade Tribunal has initiated an expiry review of anti-dumping duties on rebar imports from Algeria, Egypt, Indonesia, Italy, Malaysia, Singapore, and Vietnam. The review will assess whether removing existing measures could lead to continued or renewed dumping. Previous margins ranged from 3.3% to 23.1% (Vietnam at 10.5%). The Canada Border Services Agency is expected to issue its final determination by September 17, 2026, with a detailed statement to follow in October.
Apr 24, 2026 18:18
Announcement on the Adjustment of Domestic Futures Selling Prices for Baosteel's Sheets & Plates for January 2026 - Shanghai Metals Market (SMM)