Steel price today May 13, 2025: Slight increase in international market

In the domestic market, steel prices range from VND13,380 - 14,200/kg, depending on region and brand, with some slight upward adjustments.

In the North, steel prices remain stable:

Viet Duc Steel: CB240 at 13,500 VND/kg, D10 CB300 at 13,800 VND/kg.

Hoa Phat Steel: CB240 is 13,550 VND/kg, D10 CB300 is at 13,600 VND/kg.

Viet Sing Steel: CB240 keeps price at 13,450 VND/kg, D10 CB300 is 13,650 VND/kg.

In the Central region, prices tend to increase slightly:

Viet Duc Steel: CB240 up to 13,800 VND/kg, D10 CB300 reaches 14,200 VND/kg - the highest level currently.

Hoa Phat Steel: CB240 at 13,650 VND/kg, D10 CB300 at 13,750 VND/kg.

In the South, prices remain stable, with some places being the lowest in the country:

Hoa Phat Steel: CB240 remains at 13,550 VND/kg, D10 CB300 is 13,650 VND/kg.

VAS Steel: CB240 at 13,380 VND/kg - lowest currently; D10 CB300 is 13,480 VND/kg.

TungHo Steel: CB240 is priced at 13,400 VND/kg, D10 CB300 is 13,750 VND/kg.

International steel prices opened the week in the green on May 13, thanks to positive signals from the new economic agreement between the US and China. Steel and iron ore contracts both increased, reflecting the optimistic sentiment of investors.

On the Shanghai Futures Exchange (SHFE), the rebar contract rose 42 yuan to 3,191 yuan/ton. Other steel products also recorded slight increases: hot-rolled coil increased 0.38%, while stainless steel jumped sharply by 1.18%.

On the Dalian exchange, iron ore for September delivery rose 1.51% to 707 yuan/ton. The Singapore exchange also recorded a 1.41% increase in the June contract to 98.3 USD/ton.

The rally was supported by steady demand and positive profit margins at steel mills. Average daily hot metal output reached 2.46 million tonnes, the highest since October 2023, indicating that production capacity is operating strongly again.

However, the market remains volatile. Investors are concerned that the US may increase tariffs on imports and China may tighten steel production in the coming period. In addition, seaborne iron ore prices have fallen about 11% from their peak in February, indicating that supply pressure remains.

On the contrary, coking coal and coke prices continued to decline, reflecting adjustments in the demand for input materials of the metallurgical industry.

Overall, the international steel market is recovering but still has many potential risks. Investors and businesses need to closely monitor US-China trade policy and China's production management measures to have appropriate adaptation strategies.

Source: https://baoquangnam.vn/gia-thep-hom-nay-13-5-2025-tang-nhe-tren-thi-truong-quoc-te-3154651.html