[Yonggang July 2026 Issue 1 Carbon Steel Price Adjustment]

Published: Jul 1, 2026 13:59

Save

[Yonggang 2026 July-1 Common Steel Price Adjustment] Rebar lowered by 100 yuan/mt, wire rod lowered by 50 yuan/mt

Yonggang Construction Steel Price Adjustment for the 2026 July-1 Period: rebar lowered by 100 yuan/mt, wire rod lowered by 50 yuan/mt; current prices: rebar 3,400 yuan/mt, plain wire rod 3,650 yuan/mt, coiled rebar 3,650 yuan/mt; subsidies for the June-3 period: 245 yuan/mt for rebar, 235 yuan/mt for wire rod; this period's electronic bank acceptance monthly discount interest rates: 0.93‰ for Category 1 and 2 banks, 1.03‰ for provincial city commercial banks, and 1.23‰ for Category 3 and 4 banks. Starting from the July-1 period, the premiums for Yonggang rebar specifications Φ14, Φ16, and Φ20 over the base specification Φ18 are adjusted from 30 yuan/mt to 50 yuan/mt; other specifications follow the original standards. For details, see the "Yonggang 2026 July-1 Period Construction Steel Long-term Agreement Price List" (effective from the July-1 period, subject to the attribution time of the client's ten-day plan).

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 for 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

14 mins ago

Data: SHFE, DCE market movement (Jul 01)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 01 Jul , 2026

14 mins ago

59 mins ago

[India’s Gujarat rebar producer VMS TMT approves merger]

Indian rebar producer VMS TMT has approved a merger with Aditya Ultra Steel to build a more integrated manufacturing base and improve operational efficiency. The deal remains subject to statutory approval. The merged entity will consolidate its Gujarat operations and “Kamdhenu”-branded rebar ecosystem, with combined annual capacity of around 300,000 tonnes and a dealer network of about 300, supporting procurement, production, logistics and distribution synergies.

59 mins ago

1 hour ago

[SMM Steel] Vietnam import scrap weakens amid softer East Asian sentiment

[SEA] Vietnam’s import scrap market softened this week, with Japanese H2 scrap falling to around 375 USD/tonne CFR Vietnam, down about 7 USD/tonne week on week. US-origin HMS 80:20 bulk scrap stood near 383 USD/tonne CFR Vietnam, also down around 7 USD/tonne. Weak Vietnamese finished steel demand kept mills cautious, with buyers delaying bookings and waiting for further price corrections. Although Japanese suppliers remained firm due to limited scrap generation, Vietnamese buying ideas stayed lower, leaving a clear bid-offer gap.

1 hour ago