Steel prices in Northern Vietnam
According to SteelOnline.vn, Hoa Phat steel brand offers CB240 steel coils at 13,580 VND/kg; and D10 CB300 ribbed steel bars at 13,790 VND/kg.
Viet Y Steel brand offers CB240 steel coils at 13,530 VND/kg; D10 CB300 ribbed steel bars are priced at 13,640 VND/kg.
Viet Duc Steel offers CB240 steel coils at 13,530 VND/kg and D10 CB300 ribbed steel bars at 13,890 VND/kg.
Viet Sing Steel offers CB240 steel coils at 13,500 VND/kg and D10 CB300 ribbed steel bars at 13,700 VND/kg.
VAS steel, with CB240 coiled steel at 13,500 VND/kg; D10 CB300 ribbed steel bar at 13,600 VND/kg.
Steel prices in Central Vietnam
Hoa Phat Steel's CB240 coiled steel is priced at 13,580 VND/kg; D10 CB300 ribbed steel bars are priced at 13,790 VND/kg.
At Viet Duc Steel, the current price for CB240 steel coils is 13,990 VND/kg; and for D10 CB300 ribbed steel bars, it is 14,190 VND/kg.
Currently, VAS Steel offers CB240 steel coils at 13,650 VND/kg and D10 CB300 ribbed steel bars at 13,700 VND/kg.
Pomina Steel, with its CB240 coiled steel at 14,180 VND/kg; and D10 CB300 ribbed steel bars at 14,180 VND/kg.
Steel prices in Southern Vietnam
Hoa Phat Steel: CB240 steel coils are priced at 13,580 VND/kg; D10 CB300 ribbed steel bars have decreased to 13,790 VND/kg.
VAS steel, CB240 coil steel, is priced at 13,500 VND/kg; D10 CB300 ribbed steel bar is priced at 13,600 VND/kg.
Pomina steel, CB240 coiled steel is priced at 13,970 VND/kg; D10 CB300 ribbed steel bar is priced at 13,970 VND/kg.
Steel prices on the exchange.
Rebar futures on the Shanghai Futures Exchange (SHFE) for June 2025 delivery rose 16 yuan to 3,387 yuan per ton.
Iron ore futures prices rose for a third consecutive session, supported by strong steel demand and persistent hopes for further economic stimulus measures in top consumer China. However, sustained high port stocks limited gains.
The most actively traded January iron ore contract on China's Dalian Commodity Exchange (DCE) rose 0.98% to 773.5 yuan ($106.82) per ton.
Data from consulting firm Mysteel shows that daily trading volume of construction steel products in China increased for the third consecutive session by 0.67% to 135,100 tonnes on Tuesday. December benchmark iron ore on the Singapore exchange remained largely unchanged at $101.1 per tonne.
Steel consumption typically declines in November as outdoor construction slows in colder northern regions, but this month was offset by demand in warmer southern and eastern areas.
Steel benchmarks on the Shanghai Futures Exchange recorded gains. Rebar rose 0.85%, hot-rolled coil increased 0.43%, wire rod gained 0.47%, and stainless steel edged up 0.19%.
Analysts at Galaxy Futures said in a note: "The rise in ore prices is primarily driven by improved macroeconomic sentiment as market participants expect Beijing to roll out further fiscal stimulus measures at a key December meeting. From a fundamental perspective, supply pressures will ease as shipments from high-cost mining companies see year-on-year declines while relatively high hot metal production supports ore consumption."
Official data showed on Tuesday that China's domestic ore mining, the raw material for mining, fell 4.1% year-on-year to 86.45 million tonnes in October.
Other steelmaking components on the DCE rose, with coking coal and coke increasing by 0.35% and 0.34%, respectively. China kept its benchmark lending rate unchanged monthly on Wednesday, after lenders cut rates by larger margins than expected last month to boost economic activity.
Source: https://kinhtedothi.vn/gia-thep-hom-nay-23-11-tang-do-nhu-cau-phuc-hoi.html
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