Steel price today April 18: Maintaining the downward trend

World steel prices

Rebar on the Shanghai Futures Exchange (SHFE) for October 2025 delivery fell 12 yuan to 3,089 yuan/t.

Iron ore futures fluctuated, as favorable near-term supply-demand dynamics countered intense trade tensions between the world’s two largest economies that clouded the demand outlook.

The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) rose 0.07 percent to 707 yuan ($96.79) a tonne.

Benchmark May iron ore (SZZFK5) on the Singapore Exchange gave up gains to trade 0.24% lower at $97.95 a tonne, after hitting its highest since April 10 at $99.25.

Lower supplies due to severe weather in the past quarter, coupled with strong near-term demand, are supporting prices of the key steelmaking ingredient.

BHP Group reported slightly lower third-quarter iron ore production due to the storm. Two other major miners, Rio Tinto and Vale, reported lower first-quarter shipments and production.

Meanwhile, daily crude steel output at member steel mills reached about 2.2 million tonnes in the first ten days of April, up 3.4% from the same period in the previous ten days, data from the state-backed China Iron and Steel Association showed.

China's crude steel output in March jumped 4.6% to a ten-month high of 92.84 million tonnes.

China unexpectedly appointed a new trade negotiator on Wednesday, a key appointment that some market participants interpreted as a positive signal that could potentially ease the escalating tariff war with the United States.

Other steelmaking components on the DCE weakened, with coking coal and coke (DCJcv1) down 2.26% and 1.69%, respectively.

Most steel benchmarks on the Shanghai Futures Exchange fell. Rebar fell 0.45%, hot-rolled coil fell 0.75%, stainless steel edged down 0.04% while wire rod (SWRcv1) rose 0.27%.

Domestic steel prices

According to the reporter's records at 7:00 a.m. on April 18, 2025, today's steel prices updated from SteelOnline.vn, steel prices in the Northern, Central and Southern regions remained stable after a slight increase in some brands, currently steel prices fluctuate from 13,380 - 14,200 VND/kg for products such as CB240 and D10 CB300.

Steel price today April 15 in the Northern region

Viet Duc Steel: CB240 rolled steel is priced at VND13,500/kg; D10 CB300 ribbed steel is priced at VND13,800/kg.

Hoa Phat Steel: CB240 coil steel at 13,550 VND/kg; D10 CB300 ribbed steel at 13,600 VND/kg.

Viet Sing Steel: CB240 coil steel price 13,450 VND/kg; D10 CB300 ribbed steel price 13,650 VND/kg.

Steel price today April 15 in the Central region

Viet Duc Steel: CB240 rolled steel costs 13,800 VND/kg; D10 CB300 ribbed steel is 14,200 VND/kg.

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

Steel price today April 15 in the Southern region

Hoa Phat Steel: CB240 rolled steel at 13,550 VND/kg; D10 CB300 ribbed steel remains at 13,650 VND/kg.

VAS Steel: CB240 coil steel price is 13,380 VND/kg; D10 CB300 ribbed steel bar is 13,480 VND/kg.

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

Source: https://baodaknong.vn/gia-thep-hom-nay-18-4-duy-tri-xu-huong-giam-249806.html