Steel prices on the exchange
Rebar on the Shanghai Futures Exchange (SHFE) for December 2025 delivery fell 23 yuan to 2,956 yuan/t.
Iron ore futures fell as investors awaited more details on trade talks between the United States and China, even as US President Donald Trump struck a positive note.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) was 0.21% lower at 704 yuan ($98.05) a tonne.
Benchmark iron ore for July delivery (SZZFN5) on the Singapore Exchange fell 0.53% to $94.6 a tonne.
US President Donald Trump said on Wednesday he was very pleased with a trade deal that restored a fragile ceasefire in the US-China trade war.
China's Foreign Ministry said Thursday that China will always honor its commitments, without elaborating.
Ge Xin, deputy director at consultancy Lange Steel, said the focus has temporarily shifted to weakening fundamentals before more clarity on the China-US trade talks.
"Steel output has fallen for two weeks, reflecting lower consumption of raw materials, including iron ore," Ge said.
Other steelmaking components on the DCE lost momentum, with metallurgical coal and coking coal (DCJcv1) falling 2.79% and 1.77%, respectively.
Most steel benchmarks on the Shanghai Futures Exchange fell amid weak demand. Rebar fell 0.7 percent, hot-rolled coil fell 0.87 percent, steel rebar (SWRcv1) fell 0.75 percent, while stainless steel rose 0.48 percent.
Data from consultancy Mysteel showed that apparent consumption of five major steel products including rebar, wire rod, hot-rolled coil, cold-rolled coil and medium plate fell 1.6% in the week to June 12, following a 3.5% decline the previous week.
Domestic steel prices
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-13-6-sat-thep-the-gioi-giam-do-nhu-cau-thap-255433.html
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