Steel price today December 2, 2025: Slight increase due to year-end purchasing demand

Steel prices today December 2, 2025: Domestic prices remain stable, with CB240 coil prices higher than D10 CB300 bar prices. World steel prices increased slightly, iron ore fluctuated in opposite directions.

Steel prices in the North remain stable depending on brand.

According to SteelOnline.vn, construction steel prices in the North this morning have differences between brands:

Hoa Phat Steel: CB240 coil steel price is at 13,500 VND/kg. D10 CB300 ribbed steel price is at 13,090 VND/kg.

Viet Y Steel: CB240 coil steel price is at 13,640 VND/kg. CB300 D10 ribbed steel price is at 12,880 VND/kg.

Viet Duc Steel: CB240 coil steel price is at 13,350 VND/kg, D10 CB300 ribbed steel price is at 12,850 VND/kg.

Viet Sing Steel and VAS Steel: Both listed the price of CB240 coil steel at 13,330 VND/kg. The price of D10 CB300 rebar of Viet Sing is 12,930 VND/kg, the price of steel of VAS is 12,730 VND/kg.

Steel prices in the Central region vary slightly by region.

Hoa Phat's CB240 coil steel price is 13,500 VND/kg.

Viet Duc Steel has CB240 coil steel price at 13,650 VND/kg.

VAS Steel listed the price of CB240 coil steel at 13,430 VND/kg.

Steel prices in the South remain at the same level as in the North.

Hoa Phat's CB240 steel coil price is 13,500 VND/kg, equal to the North.

VAS's CB240 coil steel price is at 13,130 VND/kg.

World steel market slightly increased thanks to rising iron ore

At the end of the trading session on December 1, the price of December rebar futures on the Shanghai Futures Exchange increased by 0.27% (8 yuan) to 3,000 yuan/ton. Other key steel products on the Shanghai Futures Exchange also increased simultaneously.

However, iron ore prices fluctuated in opposite directions. On the Dalian Exchange, iron ore prices fell 2.41% (19.5 yuan) to 788 yuan/ton. On the contrary, on the Singapore Exchange-SGX, iron ore futures for December delivery increased by 1.42 USD to 106.91 USD/ton.

Iron ore futures rose for a fourth straight session, supported by strong buying activity in medium-grade iron ore cargoes, but gains were capped by steel mills’ annual year-end blast furnace maintenance.

China’s blast furnace steel output fell slightly last week as some mills began maintenance, with capacity utilization down 0.6 percentage points, according to Mysteel. Iron ore inventories at Chinese ports as of November 28 fell 0.42% from the previous week. Despite weakening fundamentals, iron ore prices are still supported by solid demand for medium-grade ore.

Brokerage firm Everbright Futures forecasts international iron ore supplies will continue to recover in December. Meanwhile, weak blast furnace profits and increased maintenance activities may further reduce pig iron output, weighing on steel prices.

Source: https://baodanang.vn/gia-thep-hom-nay-2-12-2025-tang-nhe-nho-nhu-cau-mua-vao-cuoi-nam-3312297.html