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

Published: Mar 11, 2026 15:48

Save

[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

Apr 30, 2026 22:29

[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

Apr 30, 2026 22:27

[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

Apr 30, 2026 18:50

[SMM Hot Topic] HRC Prices Rose MoM in April, Expected to Fluctuate at Highs Before Mid-May

Apr 30, 2026 18:50