simultaneous price increase on the exchange

Steel futures prices increased across the board on the exchange.

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 13,940 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 13,840 VND/kg.

Viet Duc Steel, with CB240 coil steel line at 13,640 VND/kg, D10 CB300 ribbed steel bar is priced at 13,940 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 13,940 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 13,940 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 June 2025 delivery rose 19 yuan to 3,313 yuan/t.

Iron ore futures rebounded on Tuesday, helped by improving steel margins, falling port inventories and hopes of economic stimulus from top consumer China, although gains were capped by seasonally slow demand.

The most-traded May iron ore contract on China's Dalian Commodity Exchange (DCE) rose 0.98 percent to 775.5 yuan ($106.25) a tonne.

Benchmark January iron ore on the Singapore Exchange rose 1.83% to $100.65 a tonne. Earlier in the day, prices hit an intraday low of $98.95 a tonne.

The Dalian contract has fallen 16.3% this year, while the Singapore contract is down 19.2%.

Hot metal output is likely to fall further in January, although the decline will not be large as steel mills can still make money, analysts at Everbright Futures said in a note. Hot metal output is often used to gauge iron ore demand.

Data from consultancy Mysteel showed that 49.78% of steelmakers surveyed were operating profitably as of Dec. 26, up from 48.48% last week.

“The divergence in market outlook is likely to widen for now, but the uptrend is likely to remain intact,” analysts at Galaxy Futures said in a note. “Port stocks extended their declines, which are likely to continue as major miners slow shipments and ore demand remains resilient (despite some pullbacks).”

Iron ore stocks at major ports fell for a second straight week, falling 0.6% to 146.85 million tonnes in the week to Dec. 27, data from consultancy Steelhome showed. However, this was still 28.3% higher than the same period last year.

Source: https://kinhtedothi.vn/gia-thep-hom-nay-31-12-dong-loat-tang-gia-tren-san-giao-dich.html