Steel price today April 30: Decreased for the 4th consecutive session

On April 30, the domestic market kept its selling price unchanged; iron ore on the Dalian exchange increased thanks to strong demand from China.

Steel prices on the exchange

Rebar on the Shanghai Futures Exchange (SHFE) for October 2025 delivery fell 13 yuan to 3,096 yuan a tonne.

Dalian iron ore futures edged up on Monday, supported by short-term demand in top consumer China, although gains were capped by conflicting statements from Washington and Beijing on progress in trade talks.

The September iron ore contract, the most-traded on the Dalian Commodity Exchange (DCE), ended the daytime session up 0.28% at 709 yuan ($97.49) a tonne.

Meanwhile, the benchmark iron ore price for May delivery (SZZFK5) on the Singapore Exchange decreased 0.11% to $98.3/ton.

Imported iron ore prices at Chinese ports edged up slightly on April 28, as additional demand from downstream remained in place ahead of the five-day Labor Day holiday, according to consultancy Mysteel.

Hot metal output, a key indicator of iron ore demand, came in at 2.4435 million tonnes, up 42,300 tonnes from the previous month and 156,300 tonnes higher than the same period last year, according to brokerage Everbright Futures.

However, the Chinese market is still under pressure to reduce iron ore inventories amid uncertainty caused by the trade war with the US, according to an assessment from ANZ bank.

US President Donald Trump said he had made progress in talks with China and said he had spoken with President Xi Jinping. However, Beijing denied that trade talks were taking place.

Separately, a Reuters survey showed manufacturing activity at Chinese factories likely contracted in April, as the positive effect of US President Donald Trump's "Liberation Day" tariff package abruptly stalled after two months of recovery.

On the supply side, Australian miner Fortescue Metals Group (FMG) reported higher iron ore exports in the third quarter.

Total iron ore exports from Australia and Brazil last week reached 27.6 million tonnes, up 13.2%, according to a separate report by Mysteel.

Meanwhile, other steelmaking raw materials on the DCE all decreased, with coking coal and coke (DCJcv1) prices falling 2.36% and 1.02%, respectively.

On the Shanghai Futures Exchange, steel prices were mixed, with rebar down about 1.2%, hot-rolled coil down 1.26%, while stainless steel rose 0.16% and wire rod (SWRcv1) rose 0.4%.

Domestic steel prices

According to the reporter of Business and Integration Magazine at 8:00 a.m. on April 25, 2025, today's steel price updated from SteelOnline.vn, steel prices in the Northern, Central and Southern regions increased slightly for some brands, currently steel prices fluctuate from 13,380 - 14,200 VND/kg for products such as CB240 and D10 CB300.

Steel prices today, April 25, in the Northern region : Viet Duc Steel: CB240 coil steel is at 13,500 VND/kg; D10 CB300 ribbed steel is priced at 13,800 VND/kg.

Hoa Phat Steel: CB240 coil steel at 13,550 VND/kg; D10 CB300 ribbed steel bar at 13,600 VND/kg.

Viet Sing Steel: CB240 coil steel price 13,450 VND/kg; D10 CB300 ribbed steel bar price 13,650 VND/kg.

Steel prices today, April 25, in the Central region: Viet Duc Steel: CB240 coil steel is priced at 13,800 VND/kg; D10 CB300 ribbed steel is 14,200 VND/kg.

Hoa Phat Steel: CB240 coil steel at 13,650 VND/kg; D10 CB300 ribbed steel bar at 13,750 VND/kg.

Steel prices today, April 24, in the Southern region: Hoa Phat Steel: CB240 coil steel at 13,550 VND/kg; D10 CB300 ribbed steel remains at 13,650 VND/kg.

VAS Steel: CB240 coil steel price is 13,380 VND/kg; D10 CB300 ribbed steel bar is 13,480 VND/kg.

TungHo Steel: CB240 coil steel is priced at 13,400 VND/kg; D10 CB300 rebar steel is 13,750 VND/kg.

Source: https://baodaknong.vn/gia-thep-hom-nay-30-4-giam-phien-thu-4-lien-tiep-251117.html