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 May 2025 delivery rose 29 yuan to 3,362 yuan/t.
Iron ore futures fell, pressured by concerns that US President Donald Trump could still impose higher tariffs on imports from China.
The most-traded May iron ore contract on China's Dalian Commodity Exchange (DCE) fell 0.93 percent to 796.5 yuan ($109.45) a tonne.
Benchmark iron ore for February delivery on the Singapore Exchange fell 0.95% to $103.75 a tonne.
US President Donald Trump did not impose tariffs immediately upon taking office, which supported prices on Tuesday, according to Chinese consultancy Galaxy Futures. However, later in the day, Trump said his administration was discussing a punitive 10% tariff on Chinese imports, underscoring his long-held desire for broader tariffs.
Galaxy Futures said uncertainty over future tariff policies was weighing on the market. Chinese and Hong Kong stocks also fell after Trump’s new tariff threats. Leading the declines on the mainland, the real estate sector fell 2.4% to pare gains from the previous day.
Amid the prospect of higher US tariffs, Chinese policymakers are stepping up efforts to stimulate a weakening economy that is struggling with a protracted property crisis, high local government debt and weak consumer demand.
However, Trump's more cautious and measured approach implies that the Chinese government could cut back on support packages, said Atilla Widnell, managing director at Navigate Commodities.
Other steelmaking components on the DCE fell, with coking coal down 1.13% and 1.1% respectively.
Steel benchmarks on the Shanghai Futures Exchange traded mixed. Rebar fell nearly 1 percent and hot-rolled coil fell 1.04 percent, while stainless steel rebar and stainless steel rose 0.28 percent and 0.46 percent, respectively.
Source: https://kinhtedothi.vn/gia-thep-hom-nay-23-1-dut-da-giam-thep-tang-tro-lai.html
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