Steel prices in Northern Vietnam
According to SteelOnline.vn, Hoa Phat steel brand offers CB240 steel coils at 13,480 VND/kg; and D10 CB300 ribbed steel bars at 13,580 VND/kg.
Viet-Italian steel brand, CB240 coiled steel is priced at 13,430 VND/kg; D10 CB300 ribbed steel bar is priced at 13,400 VND/kg.
Viet Duc Steel offers CB240 steel coils at 13,430 VND/kg and D10 CB300 ribbed steel bars at 13,690 VND/kg.
Viet Sing Steel offers CB240 steel coils at 13,300 VND/kg and D10 CB300 ribbed steel bars at 13,600 VND/kg.
VAS steel, with CB240 coiled steel at 13,350 VND/kg; D10 CB300 ribbed steel bar at 13,600 VND/kg.
Steel prices in Central Vietnam
Hoa Phat Steel, with its CB240 coiled steel at 13,480 VND/kg; and D10 CB300 ribbed steel at 13,580 VND/kg.
At Viet Duc Steel, the current price for CB240 steel coils is 13,740 VND/kg; and for D10 CB300 ribbed steel bars, it is 13,990 VND/kg.
Currently, VAS Steel offers CB240 steel coils at 13,650 VND/kg and D10 CB300 ribbed steel bars at 13,450 VND/kg.
Pomina Steel, with its CB240 coiled steel at 14,180 VND/kg; and D10 CB300 ribbed steel bars at 14,180 VND/kg.
Steel prices in Southern Vietnam
Hoa Phat Steel: CB240 steel coils are priced at 13,640 VND/kg; D10 CB300 ribbed steel bars have decreased to 13,580 VND/kg.
VAS steel, CB240 coil steel, is priced at 13,350 VND/kg; D10 CB300 ribbed steel bar is priced at 13,600 VND/kg.
Pomina steel, CB240 coiled steel is priced at 13,970 VND/kg; D10 CB300 ribbed steel bar is priced at 13,970 VND/kg.
Steel prices on the exchange.
Rebar futures on the Shanghai Futures Exchange (SHFE) for May 2025 delivery rose 95 yuan to 3,275 yuan per ton.
Iron ore futures prices surged, recording their biggest single-day gain in over a year, as a new wave of monetary stimulus from China and top consumer stockpiling ahead of a national holiday boosted market sentiment.
The most actively traded January iron ore contract on China's Dalian Commodity Exchange (DCE) rose 4.64% to 699.5 yuan ($99.38) per ton, marking its strongest daily gain since May 29, 2023.
The benchmark iron ore price for October delivery on the Singapore exchange rose 5.8% to $94.65 per ton.
China's central bank has announced its largest stimulus package since the pandemic to pull the economy out of deflation and back to the government's growth targets, but analysts warn that more fiscal support is needed to achieve these goals.
The broader stimulus package, expected to provide additional funding and cut interest rates, marks Beijing's latest attempt to restore confidence after a series of disappointing data raised concerns about a prolonged structural slowdown.
"The fundamentals of China's imported iron ore market brightened over the past week, as increased output at domestic steel mills meant demand for the input material remained stable," said Chinese consulting firm Mysteel in a note.
Domestic steel producers have been slowly increasing their hot metal output after profits from steel sales recovered due to rebound end-user demand and additional iron ore demand from mills ahead of the upcoming National Day holiday from October 1-7, which will continue to improve fundamentals, according to Mysteel.
Iron ore prices are expected to fluctuate ahead of the holiday, as short-term inventory pressure remains relatively high.
Source: https://kinhtedothi.vn/gia-thep-hom-nay-25-9-tang-manh-tro-lai.html
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