World steel prices
Rebar on the Shanghai Futures Exchange (SHFE) for December 2025 delivery rose 17 yuan to 2,985 yuan/t.
Iron ore futures continued to decline for a second straight session and are on track to record a weekly decline, as US President Donald Trump’s plan to impose a 50% tariff on a new batch of “steel derivatives” added to the market pressure.
The most-traded September iron ore contract on the Dalian Commodity Exchange (DCE) fell 0.14 percent to 703 yuan ($97.90) a tonne, down 0.7 percent for the week.
On the Singapore Exchange, the benchmark iron ore price for July delivery (SZZFN5) fell 0.15% to $94.40 a tonne, down 1.2% for the week so far.
The contract has remained below the psychologically important $100 threshold for nearly a month and hit a fresh low since April 10 at $93.65 earlier in the session.
A series of imported household appliances including dishwashers, washing machines, refrigerators... will be subject to a 50% steel tax under US President Donald Trump's new policy, effective from June 23.
However, two analysts in China (who asked not to be named for confidentiality reasons) said that the current reaction is mainly emotional and will not have a significant impact on the Chinese steel market in the short term, as such policy effects usually take time to spread.
Demand for iron ore, a key raw material for steel production, is still considered solid, thereby helping to curb the decline.
Average daily hot metal output, a key indicator of iron ore demand, held around 2.42 million tonnes in the week ended June 12, the third consecutive week it has remained around this level, according to data from consultancy Mysteel.
Investment bank China International Capital Corporation (CICC) forecasts that China's steel exports this year are likely to increase 1.2% year-on-year to 112 million tonnes, while domestic steel consumption is estimated to fall 1% year-on-year.
Meanwhile, other steelmaking raw materials on the DCE recorded slight increases, with coking coal and coke prices (DCJcv1) up 0.06% and 0.75%, respectively.
On the Shanghai Futures Exchange, most steel futures fell. Specifically, rebar fell 0.2%, hot-rolled coil fell 0.26%, stainless steel edged up 0.24%; only steel bars (SWRcv1) recorded an increase of 0.27%.
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 steel coil line at 13,650 VND/kg; D10 CB300 ribbed steel bar at 13,790 VND/kg; Viet Y steel brand, CB240 steel coil line at 13,890 VND/kg; D10 CB300 ribbed steel bar at 13,990 VND/kg; Viet Duc steel, with CB240 steel coil line at 13,550 VND/kg, D10 CB300 ribbed steel bar at 13,550 VND/kg; Viet Sing steel, with CB240 steel coil line at 13,690 VND/kg; D10 CB300 ribbed steel bar at 13,580 VND/kg; VAS steel, with CB240 steel coil line at 13,740 VND/kg; D10 CB300 rebar steel costs 13,740 VND/kg.
Steel prices in the Central region: Hoa Phat Steel, with CB240 coil steel line, at 13,530 VND/kg; D10 CB300 ribbed steel bar is priced at 13,530 VND/kg; Viet Duc Steel, currently CB240 coil steel line is priced at 14,050 VND/kg; D10 CB300 ribbed steel bar is priced at 14,000 VND/kg; VAS Steel, CB240 coil steel line is priced 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 bar at 13,740 VND/kg; VAS Steel, CB240 rolled steel line at 13,740 VND/kg; D10 CB300 ribbed steel bar at 13,840 VND/kg.
Source: https://baodaknong.vn/gia-thep-hom-nay-14-6-nam-trong-xu-huong-giam-255568.html
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