Steel price today July 18: Increase on the trading floor

Steel prices today recorded, domestic market kept selling prices unchanged; iron ore increased due to strong steel demand in China.

Steel prices today recorded, domestic market kept selling prices unchanged; iron ore increased due to strong steel demand in China.

World market

Rebar on the Shanghai Futures Exchange (SHFE) for March 2026 delivery rose 38 yuan to 3,204 yuan/t.

Iron ore futures rose, supported by strong steel demand amid output curbs in China's top steelmaking regions.

The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) rose 1.3% to 781.5 yuan ($108.87) a tonne.

Iron ore futures for August delivery (SZZFQ5) on the Singapore Exchange rose 0.66% to $100.6 a tonne.

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.

Steel output has recovered in China, helped by rapid stockpiling of construction materials, strong manufacturing demand and sustained growth in steel exports, brokerage Galaxy Futures said in a report.

Galaxy said major steel-producing regions Shanxi and Tangshan have begun implementing output curbs.

Iron ore exports from top suppliers Australia and Brazil have fallen after rising sharply at the end of the previous quarter, analysts said.

Rio Tinto posted its highest second-quarter iron ore output since 2018, but shipments missed analysts' forecasts and hit their lowest first-half level since 2014 due to weather-related disruptions.

Improving factory margins are starting to boost demand optimism, ANZ analysts said in a report.

Meanwhile, BHP said the cost of building a “green iron” industry in Australia remains too high, even as Australia and China reached an agreement this week to cooperate on decarbonising the steel supply chain.

Australia, which supplies 60% of China's iron ore needs, produces lower-grade iron ore that cannot be processed directly into steel using renewable energy.

Other steelmaking raw materials on the DCE also fell, with coking coal and coke (DCJcv1) down 0.66% and 0.83%, respectively.

Most steel benchmarks on the Shanghai Futures Exchange rose. Rebar rose 0.26%, hot-rolled coil rose 0.68%, wire rod (SWRcv1) rose 0.39% and stainless steel fell 0.08%.

Domestic market

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 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://baolamdong.vn/gia-thep-hom-nay-18-7-tang-tren-san-giao-dich-382692.html