Steel prices in the North
According to SteelOnline.vn, Hoa Phat steel brand, with CB240 rolled steel line at 13,640 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 stopping at 13,580 VND/kg, D10 CB300 ribbed steel bar priced at 13,890 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 13,600 VND/kg; D10 CB300 ribbed steel bar is priced at 13,750 VND/kg.
Steel prices in the Central region
Hoa Phat Steel, with CB240 coil steel down to 13,640 VND/kg; D10 CB300 ribbed steel bar priced at 13,840 VND/kg.
Viet Duc Steel, currently CB240 coil steel is at 13,990 VND/kg; D10 CB300 ribbed steel is priced at 14,290 VND/kg.
VAS Steel currently sells CB240 coil steel at 14,010 VND/kg; D10 CB300 ribbed steel bar is priced at 13,960 VND/kg.
Pomina steel, with CB240 coil steel line at 14,280 VND/kg; D10 CB300 ribbed steel bar is priced at 14,480 VND/kg.
Steel prices in the South
Hoa Phat Steel, CB240 rolled steel is at 13,640 VND/kg; D10 CB300 ribbed steel is priced at 13,840 VND/kg.
VAS steel, CB240 coil steel line is at 13,600 VND/kg; D10 CB300 ribbed steel bar is priced at 13,700 VND/kg.
Pomina steel, CB240 coil steel line is at 14,080 VND/kg; D10 CB300 ribbed steel bar is priced at 14,380 VND/kg.
Steel prices on the exchange
Rebar on the Shanghai Futures Exchange (SHFE) for June 2025 delivery fell 12 yuan to 3,305 yuan/t.
Dalian iron ore futures fell to a one-week low, pressured by a slew of weak economic data from top consumer China, while rising inventories added to market pressure.
The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) fell 3.5% to 730.0 yuan ($102.76) a tonne.
The contract hit an intraday low of 728.5 yuan, its weakest since Aug. 26.
Benchmark iron ore for October delivery on the Singapore Exchange fell 3% to $98.0 a tonne.
China’s manufacturing activity fell to a six-month low in August as factory gate prices fell sharply and owners struggled to get orders, the National Bureau of Statistics’ purchasing managers’ index (PMI) showed on Saturday, putting pressure on policymakers to continue with plans to direct more stimulus to households.
New home prices in China rose at a slower pace in August, a private survey showed on Sunday, as the crisis-hit property sector struggles to find a bottom after a series of support policies.
Weaker PMI data, including the steel sector, showed that the sector was clearly unseasonal, as market demand continued to decline and steel output fell, Hexun Futures said in a note.
Hexun Futures added that supply could increase as accumulated inventories continue to weigh on the market, significantly impacting steel demand.
Total imported iron ore inventories at 45 major Chinese ports rose 2.3% week-on-week to 153.7 million tonnes as of August 29, hitting a new high since April 2022, according to Chinese consultancy Mysteel.
Other steelmaking components on the DCE lost ground, with coking coal and coke falling 3.16% and 2.65% respectively.
Most steel benchmarks on the Shanghai Futures Exchange were weaker. Stainless steel slid nearly 2.1%, rebar lost about 1.8%, hot-rolled coil fell about 1.4%, while wire rod was flat.
Source: https://kinhtedothi.vn/gia-thep-hom-nay-3-9-da-giam-tiep-tuc-tren-san-giao-dich.html
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