Steel price today April 12: Continue to increase

Steel prices in the North

According to SteelOnline.vn, Hoa Phat steel brand, with CB240 rolled steel line at 13,550 VND/kg; D10 CB300 ribbed steel bar is priced at 13,600 VND/kg.

Viet Y steel brand, CB240 rolled steel line is priced at 13,580 VND/kg; D10 CB300 ribbed steel bar is priced at 13,690 VND/kg.

Viet Duc Steel, with CB240 coil steel line at 13,500 VND/kg, D10 CB300 ribbed steel bar is priced at 13,800 VND/kg.

Viet Sing Steel, with CB240 coil steel, is priced at VND13,450/kg; D10 CB300 ribbed steel is priced at VND13,650/kg.

VAS steel, with CB240 coil steel line at 13,330 VND/kg; D10 CB300 ribbed steel bar is priced at 13,380 VND/kg.

Steel prices in the Central region

Hoa Phat Steel, with CB240 coil steel line, is at 13,630 VND/kg; D10 CB300 ribbed steel bar is priced at 13,750 VND/kg.

Viet Duc Steel, currently CB240 coil steel is at 13,800 VND/kg; D10 CB300 ribbed steel is priced at 14,200 VND/kg.

VAS steel, CB240 coil steel line is at 13,740 VND/kg; D10 CB300 ribbed steel bar is priced at 13,790 VND/kg.

Steel prices in the South

Hoa Phat Steel, CB240 rolled steel, at 13,550 VND/kg; D10 CB300 ribbed steel is priced at 13,650 VND/kg.

VAS steel, CB240 coil steel line is at 13,380 VND/kg; D10 CB300 ribbed steel bar is priced at 13,480 VND/kg.

Steel price today April 12: Continue to increase

Steel prices on the exchange

Rebar on the Shanghai Futures Exchange (SHFE) for November 2025 delivery rose 3 yuan to 3,141 yuan/t.

Iron ore futures were flat, but on track for a weekly decline, as escalating trade tensions between the United States and China - the world's two largest economies - clouded the demand outlook.

The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) closed the daytime session up 0.71% at 708 yuan ($96.70) a tonne, posting a weekly decline of 4.8%.

Benchmark May iron ore (SZZFK5) on the Singapore Exchange fell 0.14% to $97 a tonne, bringing this week's decline to 4.8%.

US President Donald Trump raised tariffs on Chinese imports to 125% shortly after Beijing retaliated by raising tariffs on US goods to 84%, from 34%.

Trade tensions show no signs of easing, ANZ analysts said in a note, warning that a worst-case scenario could push the global economy into recession.

That has weighed heavily on sentiment in the metals market, although there was brief relief after US President Donald Trump, in a surprise reversal, announced a 90-day pause on imposing heavy tariffs on trading partners without retaliation.

However, short-term iron ore demand and optimism about potential stimulus measures helped limit losses.

Average daily hot metal output, often used to gauge iron ore demand, rose for a seventh straight week, up 0.6% from the previous week to a 17-month high of 2.4 million tonnes as of April 10, according to a survey from consultancy Mysteel.

Other steelmaking components on the DCE continued to lose ground, with metallurgical coal and coking coal (DCJcv1) down 2.72% and 1.42%, respectively.

Most steel benchmarks on the Shanghai Futures Exchange rose. Rebar rose 0.26%, stainless steel rose 0.4%, wire rod (SWRcv1) rose 0.21%, while hot-rolled coil fell 0.12%.

Source: https://baodaknong.vn/gia-thep-hom-nay-12-4-tiep-da-tang-249138.html