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 May 2025 delivery fell 35 yuan to 3,516 yuan/t.
Dalian iron ore futures fell sharply, as no further fiscal measures after China's massive economic stimulus disappointed investors and saw the market's earlier rally from stimulus measures fade.
The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) fell 3.16% to 781.0 yuan ($110.54) a tonne, after falling more than 4% earlier.
However, the benchmark iron ore price for November delivery on the Singapore Exchange rose 0.48% to $105.5 a tonne.
Other steelmaking components on the DCE erased earlier gains, with coking coal and coke down 0.77% and 1.61%, respectively. Gains in steel benchmarks on the Shanghai Futures Exchange narrowed significantly. Rebar rose 0.43%, hot-rolled coil rose 1.07% and stainless steel rose 1.6%. Wire rod jumped 8.1%.
Metal futures prices fell after China failed to introduce any meaningful stimulus measures to boost economic growth, ANZ analysts said in a note.
A press conference by China's top economic planner was expected to provide details on the fiscal stimulus measures the Politburo had previously called for, but instead largely reiterated plans to boost investment.
“Prices have fallen back on what is clearly overstated expectations of Chinese stimulus,” said analysts at Westpac.
China said on Tuesday it was “fully confident” it would meet its full-year growth target, but refrained from more aggressive fiscal measures, disappointing investors who had been counting on more policy support to get the economy back on track.
Source: https://kinhtedothi.vn/gia-thep-hom-nay-10-10-tiep-da-giam-tren-san-giao-dich.html
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