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increased due to supply concerns

Báo Kinh tế và Đô thịBáo Kinh tế và Đô thị07/02/2025


Steel benchmarks on the Shanghai Futures Exchange rose.
Steel benchmarks on the Shanghai Futures Exchange rose.
Steel prices in the North

According to SteelOnline.vn, Hoa Phat steel brand, with CB240 rolled steel line at 13,690 VND/kg; D10 CB300 ribbed steel bar is priced at 13,840 VND/kg.

Viet Y steel brand, CB240 rolled steel line is priced 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 at 13,640 VND/kg, D10 CB300 ribbed steel bar is priced at 13,840 VND/kg.

Viet Sing Steel, with CB240 coil steel priced at 13,600 VND/kg; D10 CB300 ribbed steel bar priced at 13,800 VND/kg.

VAS steel, with CB240 coil steel line at 13,600 VND/kg; D10 CB300 ribbed steel bar is priced at 13,700 VND/kg.

Steel prices in the Central region

Hoa Phat Steel, with CB240 coil steel line at 13,690 VND/kg; D10 CB300 ribbed steel bar is priced at 13,840 VND/kg.

Viet Duc Steel, currently CB240 coil steel is at 13,940 VND/kg; D10 CB300 ribbed steel is priced at 14,340 VND/kg.

VAS Steel currently sells CB240 coil steel at 13,910 VND/kg; D10 CB300 ribbed steel bar is priced at 13,960 VND/kg.

Steel prices in the South

Hoa Phat Steel, CB240 rolled steel is at 13,690 VND/kg; D10 CB300 ribbed steel is priced at 13,840 VND/kg.

VAS steel, CB240 coil steel line is at 13,700 VND/kg; D10 CB300 ribbed steel bar is priced at 13,800 VND/kg.

Steel prices on the exchange

Rebar on the Shanghai Futures Exchange (SHFE) for October 2025 delivery rose 17 yuan to 3,398 yuan/t.

Iron ore futures rebounded, supported by a weaker dollar and disruptions to Australian supplies, while investors looked for fresh developments around the trade war between the United States and top consumer China.

The most-traded May iron ore contract on China's Dalian Commodity Exchange (DCE) rose 1.43 percent to 817.5 yuan ($112.22) a tonne, after closing lower in the previous session.

Benchmark iron ore for March delivery on the Singapore Exchange rose 2.08% to $105.95 a tonne.

Australia is in cyclone season and there is a risk of disruption to shipments, Chinese consultancy Hexun Futures said in a note.

Top iron ore supplier Rio Tinto says it has begun clearing iron ore vessels from two Western Australian ports as two tropical cyclones complicate efforts to repair infrastructure damaged by a storm last month.

The difficulties at Rio port could add to the risk for iron ore prices, an analyst said. Western Australia’s cyclone season typically runs from November to April.

Iron ore fell on concerns about the Sino-U.S. tariff war and slowing Chinese growth. Also supporting prices was a weaker dollar, hovering near its lowest since early last week against a basket of currencies. A weaker dollar makes commodities priced in the greenback more affordable for overseas buyers.

Other steelmaking components on the DCE rose, with coking coal and coke up 1.3% and 0.78% respectively.

Steel benchmarks on the Shanghai Futures Exchange rose. Both stainless steel and hot-rolled coil rose nearly 0.7%, wire rod rose 0.79% and rebar rose 0.6%.



Source: https://kinhtedothi.vn/gia-thep-hom-nay-7-2-tang-do-lo-ngai-ve-nguon-cung.html

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