Steel prices in the North
According to SteelOnline.vn, Hoa Phat steel brand, with CB240 rolled steel line at 13,690 VND/kg; D10 CB300 ribbed steel bar is priced at 13,840 VND/kg.
Viet Y steel brand, CB240 rolled steel line is priced at 13,640 VND/kg; D10 CB300 ribbed steel bar is priced at 13,740 VND/kg.
Viet Duc Steel, with CB240 coil steel line at 13,640 VND/kg, D10 CB300 ribbed steel bar is priced at 13,840 VND/kg.
Viet Sing Steel, with CB240 coil steel priced at 13,600 VND/kg; D10 CB300 ribbed steel bar priced at 13,800 VND/kg.
VAS steel, with CB240 coil steel line at 13,600 VND/kg; D10 CB300 ribbed steel bar is priced at 13,700 VND/kg.
Steel prices in the Central region
Hoa Phat Steel, with CB240 coil steel line at 13,690 VND/kg; D10 CB300 ribbed steel bar is priced at 13,840 VND/kg.
Viet Duc Steel, currently CB240 coil steel is at 13,940 VND/kg; D10 CB300 ribbed steel is priced at 14,340 VND/kg.
VAS Steel currently sells CB240 coil steel at 13,910 VND/kg; D10 CB300 ribbed steel bar is priced at 13,960 VND/kg.
Steel prices in the South
Hoa Phat Steel, CB240 rolled steel is at 13,690 VND/kg; D10 CB300 ribbed steel is priced at 13,840 VND/kg.
VAS steel, CB240 coil steel line is at 13,700 VND/kg; D10 CB300 ribbed steel bar is priced at 13,800 VND/kg.
Steel prices on the exchange
Rebar on the Shanghai Futures Exchange (SHFE) for May 2025 delivery fell 17 yuan to 3,370 yuan/t.
Dalian iron ore futures edged up and were set for a small weekly gain, supported by falling Chinese port inventories, even as investors worried about rising trade tensions between the United States and China.
The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE) rose 0.25% to 803 yuan ($110.73) a tonne, up 0.38% this week.
Benchmark iron ore for February delivery on the Singapore Exchange rose 0.71% to $104.45 a tonne.
The contract fell 0.14% this week. In top consumer China, exports and port arrivals fell and port inventories fell, Chinese consultancy Hexun Futures said in a note.
Total port iron ore stocks fell 0.17 percent week on week to 145.65 million tonnes as of Jan. 24, according to Steelhome data.
On the demand side, hot metal output has recovered, Hexun Futures said.
Hot metal output, a blast furnace product, is often used to gauge iron ore demand.
A weaker dollar also supported prices, which were on track for their biggest weekly decline in two months. A weaker dollar makes commodities cheaper for holders of other currencies.
On Thursday, Washington introduced a bill that would revoke China’s preferential trade status with the United States, impose steep tariffs and end “de minimis” exemptions for low-value Chinese imports.
US President Donald Trump has also vowed to increase tariffs on Chinese imports. Meanwhile, Trump said his conversation with Chinese President Xi Jinping was “friendly” and thought he could reach a trade deal with China.
Other steelmaking components on the DCE fell, with coking coal down 1.79% and 2.33% respectively.
Steel benchmarks on the Shanghai Futures Exchange also weakened. Hot-rolled rebar and hot-rolled coil both fell about 0.6%, wire rod fell 0.45% and stainless steel fell 0.34%.
Source: https://kinhtedothi.vn/gia-thep-hom-nay-25-1-tiep-da-suy-yeu.html
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