[Yonggang General Steel Price Adjustment for Phase 3-2 of 2026]

Published: Mar 11, 2026 15:48
[Yonggang's General Steel Price Adjustment for Issue 3-2, 2026] Rebar and Wire Rod Both Remained Unchanged

[Yonggang’s 2026 March, Phase 3-2 General Steel Price Adjustment] Yonggang’s 2026 March, Phase 3-2 construction steel price adjustment: rebar and wire rod remained unchanged; current prices are rebar at 3,450 yuan/mt, common wire rod at 3,700 yuan/mt, and coiled rebar at 3,700 yuan/mt; for Phase 2-2, Phase 2-3, and Phase 3-1, compensation of 190 yuan/mt for rebar and 240 yuan/mt for wire rod will be provided; for this phase, the monthly discount interest rates for electronic bank acceptance bills are 1.29‰ for Tier 1 and Tier 2 banks, 1.39‰ for provincial city commercial banks, and 1.59‰ for Tier 3 and Tier 4 banks. Starting from Phase 3-2, the premium for Yonggang rebar Φ22 relative to the Φ18 base-price specification was adjusted from 30 yuan/mt to 50 yuan/mt, and the premium for Φ25 relative to the Φ18 base-price specification was adjusted from 50 yuan/mt to 80 yuan/mt; other specifications will be implemented according to the original standard. For details, please refer to the "Yonggang 2026 March, Phase 3-2 Long-Term Contract Price List for Construction Steel" (effective from March 11, subject to the client’s ten-day plan attribution time) [SMM Steel]

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
Hot Metal Fell Sharply, but Supply Concerns Pushed Up Futures, and Ore Prices Rose Slightly [SMM Brief Comment]
7 mins ago
Hot Metal Fell Sharply, but Supply Concerns Pushed Up Futures, and Ore Prices Rose Slightly [SMM Brief Comment]
Read More
Hot Metal Fell Sharply, but Supply Concerns Pushed Up Futures, and Ore Prices Rose Slightly [SMM Brief Comment]
Hot Metal Fell Sharply, but Supply Concerns Pushed Up Futures, and Ore Prices Rose Slightly [SMM Brief Comment]
7 mins ago
[SMM Hot-Rolled Coil Daily Trading] Futures Remained at High Levels, Spot Trading Volume Increased DoD
18 mins ago
[SMM Hot-Rolled Coil Daily Trading] Futures Remained at High Levels, Spot Trading Volume Increased DoD
Read More
[SMM Hot-Rolled Coil Daily Trading] Futures Remained at High Levels, Spot Trading Volume Increased DoD
[SMM Hot-Rolled Coil Daily Trading] Futures Remained at High Levels, Spot Trading Volume Increased DoD
[SMM Hot-Rolled Coil Daily Trading] On March 11, the total daily trading volume of hot-rolled coil among SMM sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) was 15,290 mt, up 860 mt day on day, or 6.0%, down 7.78% YoY on a calendar basis and down 13.71% YoY on a lunar calendar basis.
18 mins ago
[China Iron Ore Brief Review] Iron Ore Concentrate Prices in West Liaoning May Have Upside Potential
20 mins ago
[China Iron Ore Brief Review] Iron Ore Concentrate Prices in West Liaoning May Have Upside Potential
Read More
[China Iron Ore Brief Review] Iron Ore Concentrate Prices in West Liaoning May Have Upside Potential
[China Iron Ore Brief Review] Iron Ore Concentrate Prices in West Liaoning May Have Upside Potential
[China Iron Ore Brief: Iron Ore Concentrates Prices in West Liaoning May Have Room to Move Higher] Trading sentiment in the domestic ore market in west Liaoning was relatively cautious, with the ex-factory prices of 66-grade iron ore concentrates, wet basis and excluding tax, at 715-720 yuan/mt. Affected by safety and environmental protection inspections, local iron ore concentrates saw capacity utilization rates remain at relatively low levels, with overall resources tight, boosting sentiment among producers holding cargoes, while overall wait-and-see sentiment was relatively strong. Demand side, local steel mills mostly maintained normal production as planned
20 mins ago
Register to Continue Reading
Gain access to the latest insights in metals and new energy
Already have an account?sign in here