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Steel price today March 14: slight increase

Báo Kinh tế và Đô thịBáo Kinh tế và Đô thị14/03/2025


Steel benchmarks on the Shanghai Futures Exchange rose.
Steel benchmarks on the Shanghai Futures Exchange rose.
Steel prices in the North

According to SteelOnline.vn, Hoa Phat steel brand, with CB240 rolled steel line at 13,480 VND/kg; D10 CB300 ribbed steel bar is priced at 13,580 VND/kg.

Viet Y steel brand, CB240 rolled steel line is priced at 13,580 VND/kg; D10 CB300 ribbed steel bar is priced at 13,690 VND/kg.

Viet Duc Steel, with CB240 coil steel line at 13,430 VND/kg, D10 CB300 ribbed steel bar is priced at 13,740 VND/kg.

Viet Sing Steel, with CB240 coil steel, is priced at VND13,430/kg; D10 CB300 ribbed steel is priced at VND13,640/kg.

VAS steel, with CB240 coil steel line at 13,330 VND/kg; D10 CB300 ribbed steel bar is priced at 13,380 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 13,640 VND/kg.

Viet Duc Steel, currently CB240 coil steel is at 13,840 VND/kg; D10 CB300 ribbed steel is priced at 14,140 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 13,690 VND/kg; D10 CB300 ribbed steel is priced at 13,840 VND/kg.

VAS steel, CB240 coil steel line is at 13,380 VND/kg; D10 CB300 ribbed steel bar is priced at 13,480 VND/kg.

Steel prices on the exchange

Rebar on the Shanghai Futures Exchange (SHFE) for November 2025 delivery rose 8 yuan to 3,334 yuan/t.

Singapore iron ore futures rebounded, driven by a wave of buying to offset the strength of short-term demand in top consumer China, although concerns over global trade tensions capped gains.

Benchmark iron ore for April delivery on the Singapore Exchange rose 0.83% to $101.50 a tonne.

“Basically, prices are hovering between $95 and $110 a tonne, and whenever prices fall below $100 a tonne, there will be a rebound soon due to compensatory buying,” said a Beijing-based iron ore trader. “In the short term, hot metal output is still recovering, so prices are unlikely to fall sharply, although downward pressure will be stronger in the second half of the year.”

Hot metal output, often used to gauge iron ore demand, will rise further in March due to attractive steel margins, analysts at Hongyuan Futures said in a note.

However, the most-traded May iron ore contract on China's Dalian Commodity Exchange (DCE) closed the morning session down 0.13 percent at 775.5 yuan ($107.18) a tonne.

Prices of the key steelmaking ingredient fell on Wednesday as market sentiment was tempered by fresh talks over China’s plan to cut crude steel output to address oversupply issues plaguing the industry.

Other steelmaking components on the DCE rose, with coking coal and coke up 1.59% and 1.14% respectively.

Steel benchmarks on the Shanghai Futures Exchange rose. Rebar rose 0.71%, hot-rolled coil rose 0.89%, rebar rose 0.7% and stainless steel edged up 0.33%.



Source: https://kinhtedothi.vn/gia-thep-hom-nay-14-3-tang-nhe.html

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