Steel prices in the North
According to SteelOnline.vn, Hoa Phat steel brand, with CB240 coil steel line at 13,640 VND/kg; D10 CB300 ribbed steel bar is priced at 13,840 VND/kg.
Viet Y steel brand, CB240 steel coil line is at 13,640 VND/kg; D10 CB300 ribbed steel bar is priced at 13,740 VND/kg.
Viet Duc Steel, with CB240 coil steel line stopping at 13,580 VND/kg, D10 CB300 ribbed steel bar priced at 13,890 VND/kg.
Viet Sing Steel, with CB240 coil steel priced at 13,700 VND/kg; D10 CB300 ribbed steel bar priced at 14,010 VND/kg.
VAS steel, with CB240 coil steel line at 13,600 VND/kg; D10 CB300 ribbed steel bar is priced at 13,750 VND/kg.
Steel prices in the Central region
Hoa Phat Steel, with CB240 coil steel down to 13,640 VND/kg; D10 CB300 ribbed steel bar priced at 13,840 VND/kg.
Viet Duc Steel, currently CB240 coil steel is at 13,990 VND/kg; D10 CB300 ribbed steel is priced at 14,290 VND/kg.
VAS Steel currently sells CB240 coil steel at 14,010 VND/kg; D10 CB300 ribbed steel bar is priced at 13,960 VND/kg.
Pomina steel, with CB240 coil steel line at 14,280 VND/kg; D10 CB300 ribbed steel bar is priced at 14,480 VND/kg.
Steel prices in the South
Hoa Phat Steel, CB240 rolled steel is at 13,640 VND/kg; D10 CB300 ribbed steel is priced at 13,840 VND/kg.
VAS steel, CB240 coil steel line is at 13,600 VND/kg; D10 CB300 ribbed steel bar is priced at 13,700 VND/kg.
Pomina steel, CB240 coil steel line is at 14,080 VND/kg; D10 CB300 rebar steel is priced at 14,380 VND/kg.
Steel prices on the exchange
Rebar on the Shanghai Futures Exchange (SHFE) for May 2025 delivery fell 12 yuan to 3,135 yuan a tonne.
Dalian iron ore futures continued to fall to their lowest in more than two weeks, as weaker Chinese data raised concerns about the economic recovery of the top consumer and weakness in the steel industry.
The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) fell 1.55% to 700.5 yuan ($98.52) a tonne.
The contract hit an intraday low of 689.5 yuan, its weakest since Aug. 19. However, the benchmark October iron ore price on the Singapore Exchange rose 0.19 percent to $93.80 a tonne.
Growth in China’s services sector activity slowed in August despite the summer tourism peak, a private sector survey showed. Slower expansion in services activity offset faster growth in manufacturing output, leaving the Caixin/S&P Global Services Purchasing Managers’ Index (PMI) unchanged from July.
With factory owners cutting prices to stay competitive, consumers tightening their belts and a struggling real estate sector failing to make a significant recovery, the economy faces growing challenges coupled with external geopolitical uncertainties.
China's steel industry is currently facing a number of immediate challenges, including the property market situation, domestic business environment, rising global protectionism and local policies, ANZ analysts said in a note.
Construction steel sales fell on September 3 after a one-day rise, reflecting uncertainty in the domestic steel market, according to Chinese consultancy Mysteel. Analysts at Westpac said iron ore prices could continue to fall in the medium term, as the price recovery over the past two weeks has been somewhat surprising given weak fundamentals.
Source: https://kinhtedothi.vn/gia-thep-hom-nay-6-9-tiep-tuc-giam.html
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