up 14 yuan on the exchange

Rebar increased by 0.5%, hot-rolled coil increased by 0.2%, wire rod increased by 0.2% and stainless steel decreased by 0.1%.

Steel prices in the North

According to SteelOnline.vn, Hoa Phat steel brand, with CB240 rolled steel line at 13,840 VND/kg; D10 CB300 ribbed steel bar is priced at 14,240 VND/kg.

Viet Y Steel brand, CB240 rolled steel line is priced at 13,940 VND/kg; D10 CB300 ribbed steel bar is priced at 14,140 VND/kg.

Viet Duc Steel, with CB240 coil steel line stopping at 13,840 VND/kg, D10 CB300 ribbed steel bar priced at 14,290 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 13,800 VND/kg; D10 CB300 ribbed steel bar is priced at 13,910 VND/kg.

Steel prices in the Central region

Hoa Phat Steel, with CB240 coil steel down to 13,890 VND/kg; D10 CB300 ribbed steel bar priced at 14,240 VND/kg.

Viet Duc Steel, currently CB240 coil steel is at 14,240 VND/kg; D10 CB300 ribbed steel is priced at 14,700 VND/kg.

VAS Steel currently sells CB240 coil steel at 14,110 VND/kg; D10 CB300 ribbed steel is priced at 14,160 VND/kg.

Pomina steel, with CB240 coil steel line at 14,690 VND/kg; D10 CB300 ribbed steel bar is priced at 15,300 VND/kg.

Steel prices in the South

Hoa Phat Steel, CB240 rolled steel is at 13,840 VND/kg; D10 CB300 ribbed steel is priced at 14,240 VND/kg.

VAS steel, CB240 coil steel line is at 13,800 VND/kg; D10 CB300 ribbed steel bar is priced at 13,910 VND/kg.

Pomina steel, CB240 coil steel line is at 14,590 VND/kg; D10 CB300 ribbed steel bar is priced at 14,990 VND/kg.

Steel prices on the exchange

Rebar on the Shanghai Futures Exchange (SHFE) for May 2025 delivery rose 14 yuan to 3,675 yuan a tonne. Rebar rose 0.5%, hot-rolled coil rose 0.2%, wire rod rose 0.2% and stainless steel fell 0.1%.

The global rebar market was mixed, reflecting persistent supply-demand imbalances. Prices remained largely stable compared to last week, with a slight decrease of 0.4%. This stability underscores ongoing challenges in key markets such as Germany and China.

In Germany, distributors’ sales of steel products fell month-on-month and year-on-year, with flat steel and long steel products falling significantly. These declines are indicative of a broader slowdown in key sectors, including construction and manufacturing. As a result, total inventories held by distributors fell, forcing German steelmakers to reduce production.

Weakening demand for rebar in Germany is further evidenced by reduced scrap purchases by local mills. This reduced demand reflects the broader economic downturn affecting the construction industry, which is a major consumer of rebar. The contraction in these sectors has led to a cautious approach from steel producers, further tightening supply.

In China, the rebar market mirrored Germany’s challenges but with added complexity. Prices fell 0.4% on steady supply and moderate demand. Despite a robust manufacturing sector, Chinese steel mills are struggling with high inventory levels amid a sluggish market. This is exacerbated by a slowdown in the construction sector, highlighted by the lowest construction PMI in nearly a year and a notable 4% drop in house prices in May.

China’s oversupply of rebar has forced mills to offload excess inventory at reduced prices. The off-season has added to the pressure, as weak demand for construction steel has led to a glut of molten iron flooding the market. Measures taken to ease home-buying restrictions have not been enough to offset the broader downturn in the construction sector, adding to the market’s tightness.

The overall outlook for the global rebar market remains cautiously optimistic. While current imbalances and economic challenges persist, expected demand from key sectors, coupled with geopolitical implications on the supply chain, suggest that prices are likely to recover in the near term.

Source: https://kinhtedothi.vn/gia-thep-hom-nay-ngay-15-7-tang-14-nhan-dan-te-tren-san-giao-dich.html