Shougang Group Steel Products March 2025 Selling Price Policy Adjustment Announcement

Published: Feb 18, 2025 17:29
Shougang Group Steel Products March 2025 Sales Price Policy Adjustment Announcement In March 2025, the prices of some steel products of Shougang Group will be adjusted as follows based on the "Shougang Group Steel Products February 2025 Sales Price Policy": The base price of HRC will be increased by 100 yuan/mt. The base price of pickled coils will be increased by 100 yuan/mt. The base price of cold-rolled coils will be increased by 100 yuan/mt. The base price of hot-dip galvanized sheets will be increased by 100 yuan/mt. The base price of aluminum-zinc and high-aluminum zinc-aluminum-magnesium coils will be increased by 100 yuan/mt. The base price of color-coated sheets will be increased by 50 yuan/mt. The base price of Chalco zinc-aluminum-magnesium products will be increased by 100 yuan/mt. The base price of medium-thickness plates will be increased by 100 yuan/mt. Electrical steel: the base price of non-oriented steel will be increased by 100 yuan/mt, while the base price of oriented steel remains unchanged.

Announcement on the Adjustment of Shougang Group's Steel Product Selling Prices for March 2025

In March 2025, the prices of certain steel products from Shougang Group will be adjusted as follows, based on the "Shougang Group's Steel Product Selling Prices for February 2025":

The base price of HRC will be increased by 100 yuan/mt.

The base price of pickled coils will be increased by 100 yuan/mt.

The base price of cold-rolled coils will be increased by 100 yuan/mt.

The base price of hot-dip galvanized sheets will be increased by 100 yuan/mt.

The base price of aluminum-zinc and high-aluminum zinc-aluminum-magnesium coils will be increased by 100 yuan/mt.

The base price of color-coated sheets will be increased by 50 yuan/mt.

The base price of Chalco zinc-aluminum-magnesium products will be increased by 100 yuan/mt.

The base price of medium-thickness plates will be increased by 100 yuan/mt.

Electrical steel: the base price of non-oriented steel will be increased by 100 yuan/mt, while the base price of oriented steel remains unchanged.

The above adjustments are all tax-exclusive prices and will take effect from the date of issuance. The Marketing Center of Shougang Group reserves the right of final interpretation. This is hereby announced.

Marketing Center of Shougang Group

February 17, 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
6.4 SMM Global Steel Daily Report
6 hours ago
6.4 SMM Global Steel Daily Report
Read More
6.4 SMM Global Steel Daily Report
6.4 SMM Global Steel Daily Report
China Steel Market Export : [Sheets & Plates] Today, HRC export prices continued to decline by 2 USD/tonne on a daily basis, with transaction prices at 496-504 USD/tonne. Domestic futures fell, and market inquiry activity weakened somewhat. Domestic traders reported that tax-exclusive offers appeared in multiple northern markets, and congestion at some ports persisted. [Steel Billet] Today, square billet export prices were at 473-475 USD/tonne, easing slightly by 1 USD/tonne DoD. Recently, northern market offers were on the high side, but high-priced resources failed to close deals. Additionally, inquiries from outside China weakened, with buyers adopting a wait-and-see approach, and inquiry prices remained 3-5 USD/tonne below market prices. [Rebar] Today, rebar export offers eased slightly by 1 USD/tonne. According to some market participants, rebar inquiry activity was weak with lackluster transactions, and some steel mills plan to venture into markets outside China to seek new order-taking opportunities.
6 hours ago
MMi Daily Iron Ore Report (June 4)
6 hours ago
MMi Daily Iron Ore Report (June 4)
Read More
MMi Daily Iron Ore Report (June 4)
MMi Daily Iron Ore Report (June 4)
The DCE iron ore futures trended weaker today. The most-traded contract I2609 closed at 767 yuan/mt, down 1.85% from the previous trading session. Port spot prices fell 6-11 yuan/mt from the previous day.
6 hours ago
[SMM Hot-Rolled Coil Daily Trading] Spot Trading Continued to Weaken
7 hours ago
[SMM Hot-Rolled Coil Daily Trading] Spot Trading Continued to Weaken
Read More
[SMM Hot-Rolled Coil Daily Trading] Spot Trading Continued to Weaken
[SMM Hot-Rolled Coil Daily Trading] Spot Trading Continued to Weaken
[SMM Hot-Rolled Coil Daily Trading] On June 4, the combined daily trading volume of hot-rolled coil from SMM's sample enterprises across four cities (Shanghai, Lecong, Tianjin, and Ningbo) totaled 12,910 mt, down 970 mt or 6.7% DoD, down 32.20% YoY (solar calendar), and down 21.14% YoY (lunar calendar).
7 hours ago
Shougang Group Steel Products March 2025 Selling Price Policy Adjustment Announcement - Shanghai Metals Market (SMM)