Steel prices in the North
According to SteelOnline.vn, Hoa Phat steel brand, with CB240 rolled steel line at 13,480 VND/kg; D10 CB300 ribbed steel bar is priced at 13,580 VND/kg.
Viet Y Steel brand, CB240 rolled steel line is priced at 13,430 VND/kg; D10 CB300 ribbed steel bar is priced at 13,400 VND/kg.
Viet Duc Steel, with CB240 coil steel line at 13,430 VND/kg, D10 CB300 ribbed steel bar is priced at 13,690 VND/kg.
Viet Sing Steel, with CB240 coil steel priced at 13,300 VND/kg; D10 CB300 ribbed steel bar priced at 13,600 VND/kg.
VAS steel, with CB240 coil steel line at 13,350 VND/kg; D10 CB300 ribbed steel bar is priced at 13,600 VND/kg.
Steel prices in the Central region
Hoa Phat Steel, with CB240 coil steel down to 13,480 VND/kg; D10 CB300 ribbed steel bar priced at 13,580 VND/kg.
Viet Duc Steel, currently CB240 coil steel is at 13,740 VND/kg; D10 CB300 ribbed steel is priced at 13,990 VND/kg.
VAS Steel currently has CB240 coil steel at 13,650 VND/kg; D10 CB300 ribbed steel bar is priced at 13,450 VND/kg.
Pomina steel, with CB240 coil steel line at 14,180 VND/kg; D10 CB300 ribbed steel bar is priced at 14,180 VND/kg.
Steel prices in the South
Hoa Phat Steel, CB240 rolled steel at 13,640 VND/kg; D10 CB300 ribbed steel reduced to 13,580 VND/kg.
VAS steel, CB240 coil steel line is at 13,350 VND/kg; D10 CB300 ribbed steel bar is priced at 13,600 VND/kg.
Pomina steel, CB240 coil steel line is at 13,970 VND/kg; D10 CB300 ribbed steel bar is priced at 13,970 VND/kg.
Steel prices on the exchange
Rebar on the Shanghai Futures Exchange (SHFE) for June 2025 delivery rose 1 yuan to 3,279 yuan/t.
Iron ore futures jumped to their highest in more than three weeks, as a fresh round of monetary easing from top consumer China boosted market sentiment, while lower global supplies also provided support.
The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) was up 4.19% at 709 yuan ($101.02) a tonne.
The contract hit an intraday high of 730.5 yuan, its highest since September 2.
Benchmark iron ore for October delivery on the Singapore Exchange rose 1.7% to $96.35 a tonne.
Iron ore futures rose on hopes that China's property market support measures will turn around the market's fortunes, ANZ analysts said in a note.
China's Mysteel consultancy said the stimulus announcement boosted sentiment across domestic iron ore commodity markets, pushing up imported iron ore prices on September 24.
China’s central bank has cut the cost of medium-term loans to banks, following China’s announcement of its biggest stimulus package since the pandemic, including interest rate cuts and loosened mortgage requirements, aimed at reviving activity and stabilizing the crisis-hit property market.
However, analysts note that there is no real policy support for economic activity.
ANZ analysts said that while the stimulus measures would prevent steel market conditions from deteriorating, they were unlikely to boost demand in the short term, as steel output this year is still on track to fall compared to 2023.
Meanwhile, Mysteel said the volume of iron ore shipments globally from 19 ports and 16 miners in Australia and Brazil fell 4% week-on-week during the period from September 16 to 22.
Other steelmaking components on the DCE surged, with coking coal and coke rising 4.5% and 4.71% respectively.
Most steel benchmarks on the Shanghai Futures Exchange posted gains. Rebar rose 2.35 percent, hot-rolled coil rose nearly 2.2 percent, stainless steel rose 1.56 percent, although bar steel fell 1.57 percent.
Source: https://kinhtedothi.vn/gia-thep-hom-nay-26-9-hau-het-deu-tang-tren-san-giao-dich.html
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