After study, it is decided that the domestic selling price of plate of Baosteel Co., Ltd. will be adjusted on the basis of December 2024 in January 2025 as follows (unless otherwise noted, all the following are tax exclusive):

1、 Hot rolling

The base price remains unchanged.

2、 Thick plate

The base price remains unchanged.

3、 Pickling

The base price remains unchanged.

4、 Ordinary cold

The base price remains unchanged.

5、 Hot dip galvanizing

The base price remains unchanged.

6、 Electrogalvanizing

The base price remains unchanged.

7、 Medium aluminum zinc aluminum magnesium

The base price remains unchanged.

8、 Aluminized zinc

The base price remains unchanged.

9、 High aluminum zinc aluminum magnesium

The base price remains unchanged.

10、 Colour coating

The base price will be increased by 100 yuan/ton.

11、 Non oriented silicon steel

The base price remains unchanged.

12、 Oriented silicon steel

The base price remains unchanged.

13、 See the price list in January 2025 for the price increase of alloy, coating and plating.

14、 The above notice of price adjustment shall take effect from the date of promulgation.

15、 The Marketing Center of Baoshan Iron and Steel Co., Ltd. (Baosteel International) reserves the right to interpret this notice of price adjustment.

Baoshan Iron and Steel Co., Ltd

Marketing Center (Baosteel International)

December 10, 2024