Steel prices in the North
According to SteelOnline.vn, Hoa Phat steel brand, with CB240 rolled steel line at 13,580 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 13,530 VND/kg; D10 CB300 ribbed steel bar is priced at 13,640 VND/kg.
Viet Duc Steel, with CB240 coil steel line at 13,530 VND/kg, D10 CB300 ribbed steel bar is priced at 13,890 VND/kg.
Viet Sing Steel, with CB240 coil steel priced at 13,500 VND/kg; D10 CB300 ribbed steel bar priced at 13,700 VND/kg.
VAS steel, with CB240 coil steel line at 13,500 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 13,580 VND/kg; D10 CB300 ribbed steel bar priced at 13,790 VND/kg.
Viet Duc Steel, currently CB240 coil steel is at 13,990 VND/kg; D10 CB300 ribbed steel is priced at 14,190 VND/kg.
VAS Steel currently sells CB240 coil steel at 13,650 VND/kg; D10 CB300 ribbed steel bar is priced at 13,700 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 13,580 VND/kg; D10 CB300 ribbed steel reduced to 13,790 VND/kg.
VAS steel, CB240 coil steel line is at 13,500 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 May 2025 delivery rose 17 yuan to 3,387 yuan/t.
Iron ore futures prices fell amid risk-off sentiment across financial markets but they are on track to rise this week on solid demand.
The most-traded January iron ore on China’s Dalian Commodity Exchange (DCE) fell 1.2% to 768.50 yuan ($106.06) a tonne at the lunch break, but the contract was up 2.9% for the week.
Benchmark December iron ore on the Singapore Exchange fell 1.3% to $100.70 a tonne, up 5.5% so far this week.
“(China’s) daily hot metal output remains stable and high… which means iron ore consumption remains strong even in the off-peak winter. Second, mills are now looking to replenish their stock in the winter, as evidenced by the continued rise in inventories,” a trader said.
“We believe the countercyclical increase in Chinese steel production in recent weeks could be a sign that production and exports are being boosted ahead of the imposition of US tariffs next year,” Goldman Sachs analysts said in a note.
Source: https://kinhtedothi.vn/gia-thep-hom-nay-23-11-quang-sat-giam-do-lo-ngai-bat-on.html
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