Domestic prices remained unchanged on August 4; iron ore continued to decline due to weak factory activity data in China.
Steel prices on the exchange
Rebar on the Shanghai Futures Exchange (SHFE) for May 2026 delivery fell 27 yuan to 3,270 yuan/t.
Iron ore futures were little changed but were headed for a weekly decline, as expectations of stimulus measures from top consumer China for its struggling property sector eased, dampening the demand outlook for the steelmaking raw material.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) was little changed at 784 yuan a tonne, down 2% so far this week.
Benchmark iron ore for September delivery on the Singapore Exchange rose 0.64% to $100.40 a tonne. Prices have fallen 2.8% so far this week.
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 coil 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-4-8-giam-tren-san-giao-dich-386311.html
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