Steel price today April 17, 2025 bad signal in international market

Index

• Steel price today April 17, 2025 in domestic market
• Steel price today April 17, 2025 in the Northern region
• Steel price today April 17, 2025 in the Central region
• Steel price today April 17, 2025 in the Southern region
• Steel price today April 17, 2025 on the world market
• Steel price forecast in the future

Steel price today April 17, 2025 in domestic market

Steel prices on April 17, 2025 in Vietnam recorded a stable trend with some slight increases in various types of rebar, reflecting the balance between supply and market demand. According to the survey, the price of CB240 coil steel fluctuated from 13,550 - 13,650 VND/kg, with some times increasing by 100 VND/kg compared to the basic level. Specifically, D6 and D8 coil steel reached 13,650 VND/kg at some suppliers, before returning to 13,550 VND/kg, showing a trial price adjustment in the context of not yet increasing construction demand.

For rebar, prices for grades D10 to D28 ranged from VND13,450 to VND13,850 per kg, depending on grades CB300, CB400, and CB500. The D10 CB300 grade recorded prices of VND13,650 to VND13,750 per kg, with the tree price fluctuating around VND94,048 to VND94,737 per tree. Larger grades such as D25 CB400 reached VND13,550 to VND13,650 per kg, equivalent to VND591,186 to VND595,549 per tree, a slight increase of VND100 per kg at some points. This increase, although not large, shows that suppliers are exploring the possibility of adjusting prices to offset production costs in the context of rising global raw material costs.

Compared to other regions, steel prices on April 17, 2025 in the North and the South also showed similar stability. In the North, major brands such as Hoa Phat kept the price of CB240 coil steel at VND 13,530/kg, and D10 CB300 ribbed steel at VND 13,580/kg. Viet Duc listed CB240 at VND 13,430/kg and D10 CB300 at VND 13,740/kg, while VAS and Viet Sing priced CB240 at VND 13,400/kg and VND 13,330/kg, respectively. In the Central region, Viet Duc quoted CB240 at VND 13,840/kg, about VND 300/kg higher than the North, while D10 CB300 reached VND 14,140/kg. In Ho Chi Minh City, Tung Ho maintained the price of CB240 at VND13,400/kg and D10 CB300 at VND13,750/kg, equivalent to prices in the North.

Steel price movements on April 17, 2025 reflect that domestic steel supply is well controlled, with large steel factories such as Hoa Phat, Viet Duc, and VAS maintaining stable output. However, construction demand after the first quarter of 2025 has not shown any signs of a breakthrough, making it difficult for steel prices to increase sharply. Infrastructure and real estate projects, which are the main drivers of steel consumption, are still in the start-up phase, leading to insignificant price pressure. In the context of global raw material prices such as iron ore and scrap steel tending to increase slightly, domestic steel suppliers may continue to adjust prices within a narrow range in the coming time to balance profits and market purchasing power.

In general, the steel price on April 17, 2025 brings a positive signal to the construction industry, with stable raw material costs, creating favorable conditions for contractors and investors. However, businesses need to closely monitor steel price developments and market demand to adjust production and investment plans accordingly in the second half of 2025.

Steel price today April 17, 2025 in the Northern region

STT	Generic	Weight		CB240 VND/kg	CB300		CB400		CB500
		kg/m	kg/tree		VND/kg	VND/tree	VND/kg	VND/tree	VND/kg	VND/tree
1	D6	0.22	0.00	13,550	-	-	-	-	-	-
2	D8	0.40	0.00	13,550	-	-	-	-	-	-
3	D10	0.59	6.89	-	13,600	93,704	13,700	94,393	13,750	94,737
4	D12	0.85	9.89	-	13,500	133,515	13,550	134,009	13,600	134,504
5	D14	1.16	13.56	-	13,450	182,382	13,550	183,738	13,550	183,738
6	D16	1.52	17.80	-	13,450	239,410	13,550	241,190	13,550	241,190
7	D18	1.92	22.41	-	13,450	301,414	13,550	303,655	13,550	303,655
8	D20	2.37	27.72	-	13,450	372,834	13,550	375,606	13,550	375,606
9	D22	2.86	33.41	-	13,450	449,364	13,550	452,705	13,550	452,705
10	D25	3.73	43.63	-	13,450	586,823	13,550	591,186	13,550	591,186
11	D28	4.70	54.96	-	13,450	739,212	13,550	744,708	13,550	744,708

Steel price today April 17, 2025 in the Central region

STT	Generic	Weight		CB240 VND/kg	CB300		CB400		CB500
		kg/m	kg/tree		VND/kg	VND/tree	VND/kg	VND/tree	VND/kg	VND/tree
1	D6	0.22	0.00	13,650	-	-	-	-	-	-
2	D8	0.40	0.00	13,650	-	-	-	-	-	-
3	D10	0.59	6.89	-	13,750	94,737	13,800	95,082	13,850	95,426
4	D12	0.85	9.89	-	13,550	134,009	13,650	134,998	13,650	134,998
5	D14	1.16	13.56	-	13,550	183,738	13,650	185,094	13,650	185,094
6	D16	1.52	17.80	-	13,550	241,190	13,650	242,970	13,650	242,970
7	D18	1.92	22.41	-	13,550	303,655	13,650	305,896	13,650	305,896
8	D20	2.37	27.72	-	13,550	375,606	13,650	378,378	13,650	378,378
9	D22	2.86	33.41	-	13,550	452,705	13,650	456,046	13,650	456,046
10	D25	3.73	43.63	-	13,550	591,186	13,650	595,549	13,650	595,549
11	D28	4.70	54.96	-	13,550	744,708	13,650	750.204	13,650	750.204

Steel price today April 17, 2025 in the Southern region

STT	Generic	Weight		CB240 VND/kg	CB300		CB400		CB500
		kg/m	kg/tree		VND/kg	VND/tree	VND/kg	VND/tree	VND/kg	VND/tree
1	D6	0.22	0.00	13,550	-	-	-	-	-	-
2	D8	0.40	0.00	13,550	-	-	-	-	-	-
3	D10	0.59	6.89	-	13,650	94,048	13,700	94,393	13,750	94,737
4	D12	0.85	9.89	-	13,450	133,020	13,550	134,009	13,550	134,009
5	D14	1.16	13.56	-	13,450	182,382	13,550	183,738	13,550	183,738
6	D16	1.52	17.80	-	13,450	239,410	13,550	241,190	13,550	241,190
7	D18	1.92	22.41	-	13,450	301,414	13,550	303,655	13,550	303,655
8	D20	2.37	27.72	-	13,450	372,834	13,550	375,606	13,550	375,606
9	D22	2.86	33.41	-	13,450	449,364	13,550	452,705	13,550	452,705
10	D25	3.73	43.63	-	13,450	586,823	13,550	591,186	13,550	591,186
11	D28	4.70	54.96	-	13,450	739,212	13,550	744,708	13,550	744,708

Steel price today April 17, 2025 on the world market

The May rebar futures on the Shanghai Futures Exchange edged down 0.13 percent to 3,048 yuan ($419) a tonne. The decline reflects pressure from weak global steel demand, especially in China, where the construction and real estate sectors have yet to recover strongly.

The May iron ore futures contract on the Dalian Commodity Exchange rose 0.79% to 763.5 yuan ($105) a tonne. Meanwhile, on the Singapore Exchange, iron ore rose 0.58 USD to $98.71 a tonne. The rise in iron ore was supported by a 2.6% drop in inventories at Chinese ports, along with expectations that supply could remain constrained due to disruptions from major suppliers such as Australia.

Steel exports: According to China Customs, in the first quarter of 2025, China exported 27.43 million tons of steel, up 6.3% over the same period in 2024, reaching the highest level since 2016. In March alone, exports reached 10.46 million tons, up 5.8% over March 2024. This shows that China is boosting exports to address domestic oversupply, putting competitive pressure on other markets, including Vietnam.

Steel imports: In contrast, steel imports in the first quarter reached only 1.55 million tons, down 11.3% year-on-year. March saw a sharp 19% year-on-year drop in imports, indicating that domestic steel demand in China remains low.

Iron ore imports: In the first quarter of 2025, China imported 285.31 million tons of iron ore, down 7.8% year-on-year. March reached 93.97 million tons, the lowest level since July 2023, lower than forecast due to supply disruptions from Australia not improving as expected.

Steel price forecast in the future

Steel prices in the future are expected to remain stable or increase slightly, with international rebar futures fluctuating around $400-450/ton (about 3,000-3,300 yuan/ton). In Vietnam, CB240 coil prices may be around VND13,500-14,000/kg, while D10 CB300 rebar prices may fluctuate between VND13,700-14,200/kg. A slight recovery in April 2025, thanks to stable iron ore supply and increased construction demand, will support steel prices. However, pressure from cheap Chinese steel and weak domestic demand in some major markets will limit the upside.

With major infrastructure projects in ASEAN and the gradual recovery of the real estate industry in China, steel prices are expected to increase moderately in the future, reaching around US$450-500/ton (CNY3,300-3,700/ton) in the international market. In Vietnam, steel prices may reach VND14,000-15,000/kg for CB240 and VND14,500-15,500/kg for D10 CB300. Trade protection policies and green steel production costs will be the main drivers of steel prices, but abundant iron ore supplies may limit the sharp increase.

Steel prices are expected to increase steadily in the future, reaching $500-600/ton (3,700-4,400 yuan/ton) in the international market, thanks to the increasing demand for high-quality steel in green industries, electric cars, and renewable energy. In Vietnam, steel prices may reach VND15,000-17,000/kg for CB240 and VND15,500-18,000/kg for rebar, thanks to the development of infrastructure and industrial projects. However, if China continues to export cheap steel or green steel production technology reduces costs, steel prices may stabilize at a lower level than expected.

Future steel price forecasts show a positive outlook in the medium and long term, with steel prices rising slightly due to demand for construction and infrastructure projects in ASEAN, along with the cost of green steel production. However, in the short term, steel prices will be under pressure from China’s steel oversupply and weak global demand. Vietnamese enterprises need to closely monitor developments in iron ore prices, trade policies, and domestic demand to adjust their production and business strategies accordingly. With stable supply and large infrastructure projects, future steel prices in Vietnam have the potential to remain stable, creating favorable conditions for the construction and industrial sectors.

Source: https://baoquangnam.vn/gia-thep-hom-nay-17-4-2025-tin-hieu-khong-tot-tren-thi-truong-quoc-te-3152945.html