Steel prices today, November 27th: slightly increased.

Most steel benchmarks on the Shanghai Futures Exchange rose slightly.

Steel prices in Northern Vietnam

According to SteelOnline.vn, Hoa Phat steel brand offers CB240 steel coils at 13,580 VND/kg; and D10 CB300 ribbed steel bars at 13,790 VND/kg.

Viet Y Steel brand offers CB240 steel coils at 13,530 VND/kg; D10 CB300 ribbed steel bars are priced at 13,640 VND/kg.

Viet Duc Steel offers CB240 steel coils at 13,530 VND/kg and D10 CB300 ribbed steel bars at 13,890 VND/kg.

Viet Sing Steel offers CB240 steel coils at 13,500 VND/kg and D10 CB300 ribbed steel bars at 13,700 VND/kg.

VAS steel, with CB240 coiled steel at 13,500 VND/kg; D10 CB300 ribbed steel bar 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 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 13,580 VND/kg; D10 CB300 ribbed steel bars have decreased to 13,790 VND/kg.

VAS steel, CB240 coil steel, is priced at 13,500 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 June 2025 delivery rose 7 yuan to 3,377 yuan per ton.

Iron ore futures prices edged higher for the second consecutive session, driven by stronger global steel production, although U.S. President Donald Trump's promise to impose new tariffs upon taking office limited the gains.

The most actively traded iron ore contract for January on the Dalian Commodity Exchange (DCE), DCIOcv1, rose 0.77% to 786.5 yuan ($108.41) per ton.

The benchmark December iron ore price (SZZFZ4) on the Singapore Iron and Metals Exchange rose 0.19% to $102.8 per ton.

The World Steel Association has revised its production data upward to show global crude steel output in October increased 1% year-on-year, compared with a 0.4% increase reported last Friday.

In China, the world's leading producer and consumer of metals, crude steel output rose 2.9% last month, according to the latest data. China, the world's second-largest economy , is now in a much more vulnerable position due to a prolonged real estate downturn, debt risks, and weak domestic demand.

Westpac analysts said in a note that the iron ore market remains highly focused on upcoming Chinese meetings, including the Politburo meeting scheduled for early December and the Central Economic Work Conference scheduled for mid-December.

"China still faces very serious structural hurdles to growth, but at least the fiscal and monetary policy settings are now clearer in providing meaningful support," Westpac said in a note.

Other steelmaking components on the DCE showed mixed performance, with DJMcv1 coking coal down 0.7% and DCJcv1 coking coal up 0.44%.

Most steel benchmarks on the Shanghai Futures Exchange saw slight gains. Rebar SRBcv1 rose about 0.4%, hot-rolled coil SHHCcv1 increased nearly 0.3%, wire rod SWRcv1 gained about 1.2%, while stainless steel SHHSScv1 declined nearly 0.7%.

Source: https://kinhtedothi.vn/gia-thep-hom-nay-27-11-tang-nhe.html