Steel prices on the exchange
Rebar on the Shanghai Futures Exchange (SHFE) for October 2025 delivery was at 2,961 yuan/t.
Iron ore prices are showing an improving outlook as the global surplus is revised lower than earlier forecasts, although new supply from the giant Simandou project in Guinea remains a potential long-term downside risk.
The adjustment was largely driven by an unexpected recovery in demand this year, driven by a surge in steel exports as global buyers stocked up amid fears of an escalating trade war. At the same time, supply from major producer Australia was disrupted by storms that affected mining and shipping operations.
China’s iron ore imports fell 5.5% year-on-year in the first four months of 2025, while crude steel output rose 0.4%, according to official data, suggesting that domestic steel demand remains resilient despite trade tensions between the world’s two largest economies .
Iron ore prices remain above $90 a tonne, a level considered the break-even point for high-cost miners, forcing analysts to revise their bearish price forecasts from $75 a tonne to around $80-$85 a tonne.
Steel prices in the North
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.
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://baodaknong.vn/gia-thep-hom-nay-2-6-thi-truong-trong-nuoc-giu-nguyen-gia-ban-254336.html
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