Steel price today November 22: continuing to increase

Steel benchmarks on the Shanghai Futures Exchange rose.

Steel prices in the North

According to SteelOnline.vn, Hoa Phat steel brand, with CB240 coil steel line at 13,580 VND/kg; D10 CB300 ribbed steel bar is priced at 13,790 VND/kg.

Viet Y steel brand, CB240 steel coil line is at 13,530 VND/kg; D10 CB300 ribbed steel bar is priced at 13,640 VND/kg.

Viet Duc Steel, with CB240 coil steel line at 13,530 VND/kg, D10 CB300 ribbed steel bar priced at 13,890 VND/kg.

Viet Sing Steel, with CB240 coil steel priced at 13,500 VND/kg; D10 CB300 ribbed steel bar priced at 13,700 VND/kg.

VAS steel, with CB240 coil steel line at 13,500 VND/kg; D10 CB300 ribbed steel bar is priced at 13,600 VND/kg.

Steel prices in Central Vietnam

Hoa Phat Steel's CB240 coiled steel is priced at 13,580 VND/kg; D10 CB300 ribbed steel bars are priced at 13,790 VND/kg.

At Viet Duc Steel, the current price for CB240 steel coils is 13,990 VND/kg; and for D10 CB300 ribbed steel bars, it is 14,190 VND/kg.

Currently, VAS Steel offers CB240 steel coils at 13,650 VND/kg and D10 CB300 ribbed steel bars at 13,700 VND/kg.

Pomina steel, with CB240 coil steel line at 14,180 VND/kg; D10 CB300 ribbed steel bar is priced at 14,180 VND/kg.

Steel prices in Southern Vietnam

Hoa Phat Steel: CB240 steel coils are priced at 13,580 VND/kg; D10 CB300 ribbed steel bars have decreased to 13,790 VND/kg.

VAS steel, CB240 coil steel line is at 13,500 VND/kg; D10 CB300 ribbed steel bar is priced at 13,600 VND/kg.

Pomina steel, CB240 coil steel line is at 13,970 VND/kg; D10 CB300 ribbed steel bar is priced at 13,970 VND/kg.

Steel prices on the exchange.

Rebar on the Shanghai Futures Exchange (SHFE) for June 2025 delivery rose 5 yuan to 3,397 yuan/tonne.

Iron ore futures rose to their highest in more than a week as investors and traders weighed firm near-term demand against high port inventories while awaiting fresh direction on the outlook from top consumer China.

The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) rose 0.45 percent to 778 yuan ($107.45) a tonne, having earlier hit 782 yuan, its highest since Nov. 8. The benchmark December iron ore contract on the Singapore Exchange rose 0.86 percent to $101.90 a tonne.

Prices had previously touched a high of $102, the highest since November 11th. "Iron ore prices have found some support from recovering demand, with hot metal production fluctuating relatively high. But upside potential is limited by rising port inventories due to more seaborne shipments," said Zhuo Guiqiu, an analyst at Jinrui Futures.

China will shape the country's economic development trajectory at a December meeting, and therefore, in the short term, the market will focus more on macroeconomic factors, analysts at Huatai Futures said in a note, referring to expectations of more stimulus measures next month. Other steelmaking components on the DCE rose, with coking coal and coke increasing 0.51% and 0.13%, respectively.

Steel benchmarks on the Shanghai Futures Exchange rose. Rebar rose 0.39%, hot-rolled coil rose 0.2% and stainless steel rose 0.3%.

Source: https://kinhtedothi.vn/gia-thep-hom-nay-22-11-tiep-da-tang.html