Yonggang's June Mid-Month Price Adjustment for Ordinary Steel Announced

Published: Jun 11, 2025 14:48

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[Yonggang's Price Adjustment for Ordinary Steel in the Second Half of June 2025] On June 11, Jiangsu Yonggang announced the ex-factory prices for the mid-June period, with rebar and wire rod prices remaining stable. The current ex-factory price for rebar is 3,300 yuan/mt, and for wire rod and coiled rebar is 3,500 yuan/mt. A supplementary price adjustment of 110 yuan/mt for rebar and 135 yuan/mt for wire rod was made compared to the first half of June. The monthly discount interest rates for electronic bank acceptance bills in this period are 1.09‰ for first- and second-tier banks, 1.19‰ for provincial city commercial banks, and 1.39‰ for third- and fourth-tier banks. All prices are tax-inclusive and will be effective from June 11. [SMM Steel]

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