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 June 2025 delivery rose 16 yuan to 3,387 yuan/t.
Iron ore futures rose for a third straight session, supported by strong steel demand and lingering hopes for further economic stimulus in top consumer China. However, persistently high port stocks capped gains.
The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) was up 0.98% at 773.5 yuan ($106.82) a tonne.
Daily trading volume of construction steel products in China rose 0.67 percent to 135,100 tonnes on Tuesday for a third straight session, data from consultancy Mysteel showed. Benchmark December iron ore on the Singapore Exchange was little changed at $101.10 a tonne.
Steel consumption typically falls in November as outdoor construction activity slows in colder northern regions, but this month was offset by demand in the warmer south and east.
Steel benchmarks on the Shanghai Futures Exchange posted gains. Rebar rose 0.85%, hot-rolled coil rose 0.43%, wire rod rose 0.47% and stainless steel edged up 0.19%.
“Ore prices rose mainly due to improved macro sentiment as market participants expect Beijing to roll out more fiscal stimulus measures at a key meeting in December. From a fundamental perspective, supply pressure will ease as shipments from high-cost miners saw a year-on-year decline while relatively high hot metal output supported ore consumption,” analysts at Galaxy Futures said in a note.
China's domestically mined iron ore, a raw material for mining, fell 4.1 percent year-on-year to 86.45 million tonnes in October, official data showed on Tuesday.
Other steelmaking components on the DCE rose, with coking coal and coke up 0.35% and 0.34%, respectively. China kept its benchmark lending rate unchanged at a monthly rate on Wednesday, after lenders cut rates by a larger margin than expected last month to revive economic activity.
Source: https://kinhtedothi.vn/gia-thep-hom-nay-23-11-tang-do-nhu-cau-phuc-hoi.html
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