Steel price today June 10: All prices decreased again

The steel futures market remains under pressure from many sides, while the US-China trade negotiations have yet to reach a final result. Domestically, businesses have kept steel prices stable.

World steel prices

At the end of the trading session on June 9, the price of June rebar futures on the Shanghai Futures Exchange decreased by 0.38% (11 yuan) to 2,913 yuan/ton. On the Dalian Exchange, the price of June iron ore futures on the Dalian Exchange was flat at 754.5 yuan/ton. Meanwhile, the price of June iron ore futures on the Singapore Exchange decreased by 0.7 USD to 95.56 USD/ton.

China's rebar futures remained below 3,000 yuan/t in early June, hovering near their lowest since September 2024, as dismal economic data from the world's top consumer continued to weigh on the demand outlook.

China's export growth in May fell short of expectations, largely due to a sharp decline in shipments to the United States amid lingering trade tensions.

Imports also fell more than expected, reflecting persistently weak domestic demand.

In addition, consumer prices continued to fall for the fourth consecutive month, while producer price deflation fell to a near two-year low, indicating that the economic recovery remains weak.

Although US and Chinese officials resumed trade talks in London yesterday, market sentiment remained cautious.

Last week, the global steel market also came under pressure when President Donald Trump signed an executive order doubling tariffs on imported US steel to 50%.

The move pushed up domestic US steel prices, but put downward pressure on international steel prices, especially in China.

Chinese steelmakers exported 10.58 million tonnes of finished steel products in May 2025, up 9.9% from a year earlier, and up 1.1% from the previous month, according to data from the General Administration of Customs of China, Reuters reported.

May exports were the highest in seven months, and the third consecutive month that volumes exceeded 10 million tonnes. Analysts said steady supplies pushed up earlier than expected amid concerns that higher tariffs could dampen demand, boosting exports.

Meanwhile, steel imports into China last month fell 24.5% year-on-year to 481,000 tonnes. In the first five months of the year, Chinese producers exported 48.47 million tonnes of steel (+8.9% year-on-year), while imports reached 2.55 million tonnes (-16.1% year-on-year).

Domestic steel prices

Domestically, businesses keep steel prices stable. Specifically, the price of Hoa Phat 's CB240 steel is recorded at 13,650 VND/kg; CB300 steel is quoted at 13,790 VND/kg. Similarly, at Viet Duc Steel, the price of CB240 steel is at 13,350 VND/kg; D10 CB300 steel is priced at 13,350 VND/kg. For Thai Nguyen steel, the price of CB240 steel remains at 13,970 VND/kg and D10 CB300 at 14,080 VND/kg.

Steel prices in the North: According to SteelOnline.vn, Hoa Phat steel brand, with CB240 rolled steel line at 13,650 VND/kg; D10 CB300 ribbed steel bar is priced at 13,790 VND/kg.

Viet Y Steel brand, CB240 rolled steel line is priced at 13,890 VND/kg; D10 CB300 ribbed steel bar is priced at 13,990 VND/kg.

Viet Duc Steel, with CB240 coil steel line at 13,550 VND/kg, D10 CB300 ribbed steel bar is priced at 13,550 VND/kg.

Viet Sing Steel, with CB240 coil steel, is priced at VND13,690/kg; D10 CB300 ribbed steel is priced at VND13,580/kg.

VAS steel, with CB240 coil steel line at 13,740 VND/kg; D10 CB300 ribbed steel bar is priced at 13,740 VND/kg.

Steel prices in the Central region: Hoa Phat Steel, with CB240 coil steel line, is at 13,530 VND/kg; D10 CB300 ribbed steel bar is priced at 13,530 VND/kg.

Viet Duc Steel, currently CB240 rolled steel is at 14,050 VND/kg; D10 CB300 ribbed steel is priced at 14,000 VND/kg.

VAS steel, CB240 coil steel line is at 13,740 VND/kg; D10 CB300 ribbed steel bar is priced at 13,790 VND/kg.

Steel prices in the South: Hoa Phat Steel, CB240 rolled steel, at 13,790 VND/kg; D10 CB300 ribbed steel is priced at 13,740 VND/kg.

VAS steel, CB240 coil steel line is at 13,740 VND/kg; D10 CB300 ribbed steel bar is priced at 13,840 VND/kg.

Source: https://baodaknong.vn/gia-thep-hom-nay-10-6-dong-loat-giam-tro-lai-255135.html