Steel price today May 21: Fluctuating within a narrow range

Steel prices on the exchange

Rebar on the Shanghai Futures Exchange (SHFE) for October 2025 delivery fell 2 yuan to 3,061 yuan/t.

Iron ore futures traded in a narrow range, as investors weighed a near-term recovery in demand for the steelmaking ingredient against dismal economic data from top consumer China.

The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) was unchanged at 723.5 yuan ($100.17) a tonne.

Benchmark iron ore for June delivery (SZZFM5) on the Singapore Exchange edged up 0.15 percent to $99.60 a tonne.

"Output at Chinese iron ore miners continued to rise last week as operations resumed at more mines," Mysteel consultancy said.

Total iron ore concentrate production increased 2% week-on-week to an average of 498,800 tonnes a day, according to data from Mysteel.

Hot metal output, often used to gauge iron ore demand, fell 0.35% from the previous month to 2.45 million tonnes, according to brokerage Everbright Futures.

Although hot metal output fell slightly from the previous month, output remained relatively high and demand for steel in manufacturing continued to rise, according to brokerage Galaxy Futures.

On the supply side, iron ore shipments from major producers Australia and Brazil rose 9.53% month-on-month to 33.48 million tonnes, brokerage Hexun Futures said in a note.

Overall, sentiment was also weighed down by slowing growth in factory output and Chinese retail sales data that missed expectations while new home prices continued to stagnate.

China's crude steel output fell 7% in April from March, although output remained at a relatively high level, data released on Monday showed.

Other steelmaking components on the DCE also fell, with metallurgical coal and coking coal (DCJcv1) down 0.76% and 0.98%, respectively.

Steel benchmarks on the Shanghai Futures Exchange fell. Rebar fell 0.39%, hot-rolled coil fell 0.19%, wire rod (SWRcv1) fell 0.54% and stainless steel fell nearly 1%.

Domestic steel prices

Steel prices in the North

According to SteelOnline.vn, Hoa Phat steel brand, with CB240 rolled steel line at 13,790 VND/kg; D10 CB300 ribbed steel bar is priced at 13,740 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 13,640 VND/kg.

Viet Duc Steel, with CB240 coil steel line at 13,600 VND/kg, D10 CB300 ribbed steel bar is priced at 13,350 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 13,840 VND/kg; D10 CB300 ribbed steel bar is priced at 13,790 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-21-5-bien-dong-trong-bien-do-hep-253163.html