According to the report of the Economic Herald, under the continuous regulation and control of the policy, the domestic steel price fell. The rebar has dropped from a high of about 6,200 yuan/ton in May to about 5,000 yuan/ton now, a drop of more than 1,000 yuan.

Recently, the Shandong Provincial Development and Reform Commission issued a notice on matters related to the ultra-low emission differential electricity price policy for iron and steel enterprises. If it is transformed, all the electricity purchased online (market-oriented transaction electricity, electricity purchased by power grid companies) will implement the electricity price increase policy. If all ultra-low emission transformations are completed, there will be no price increase for electricity. The notice will be implemented from July 1, 2022 and will be valid until December 31, 2026.