On July 28, the domestic market kept its selling price unchanged; iron ore decreased due to increased inventory and reduced steel output.
Steel prices on the exchange
Rebar on the Shanghai Futures Exchange (SHFE) for April 2026 delivery fell 66 yuan to 3,318 yuan/t.
Iron ore futures edged lower, pressured by rising inventory at Chinese ports and falling global steel output, although positive macroeconomic sentiment limited further declines.
On the Dalian Commodity Exchange (DCE), the most-traded iron ore contract for September delivery fell 1.85 percent to 796.5 yuan ($111.20) a tonne.
On the Singapore Exchange, the benchmark iron ore price for August delivery (SZZFQ5) also decreased by 1.81% to $103.15/ton.
According to the World Steel Association, global steel production in June fell 5.8% year-on-year, while crude steel output from China – the leading producer and consumer – fell 9.2%.
Steel prices in the North
According to SteelOnline.vn, Hoa Phat steel brand, with CB240 rolled steel line at 13,650 VND/kg; D10 CB300 ribbed steel bar is priced at 13,790 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 13,990 VND/kg.
Viet Duc Steel, with CB240 coil steel line at 13,550 VND/kg, D10 CB300 ribbed steel bar is priced at 13,550 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 13,530 VND/kg; D10 CB300 ribbed steel bar is priced at 13,530 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://baolamdong.vn/gia-thep-hom-nay-28-7-giam-tren-san-giao-dich-384032.html
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