Steel price today November 13: continues to decrease slightly

Steel benchmarks on the Shanghai Futures Exchange fell.

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 June 2025 delivery fell 2 yuan to 3,408 yuan/t.

Iron ore futures traded in a narrow range as investors assessed a slew of weaker economic data in China, after the country’s latest stimulus measures failed to have much impact and dented the market’s gains in the previous session.

The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 fell 0.07 percent to 763.5 yuan ($105.58) a tonne.

The contract fell as much as 3.5% to a two-week low of 754.0 yuan in the previous session.

Benchmark December iron ore SZZFZ4 on the Singapore Exchange fell 0.16% to $100.5 a tonne.

Data showed new bank lending in China fell more than expected to a three-month low in October, as increased policy stimulus to support the shaky economy failed to boost credit demand.

The world's second-largest economy unveiled a 10 trillion yuan debt package on Friday to ease local government finances and stabilize sluggish economic growth, as it faces fresh pressure from Donald Trump's re-election as U.S. president.

“The lack of further support for China’s property market has weighed on the iron ore market, exacerbated by signs of weak demand,” ANZ analysts said in a note.

Iron ore holdings at ports in China have risen over the past four weeks to their highest since early September, ANZ added.

China's import iron ore prices continued to fall in both port and seaborne markets on November 11, while trading in port stocks also cooled, Chinese consultancy Mysteel said.

Other steelmaking components on the DCE were weaker, with coking coal DJMcv1 and coke DCJcv1 down 1.84% and 1.56% respectively.

Steel benchmarks on the Shanghai Futures Exchange fell. Rebar SRBcv1 fell about 0.8%, hot-rolled coil SHHCcv1 fell nearly 0.7%, wire rod SWRcv1 fell about 0.2%, and stainless steel SHSScv1 fell 0.56%.

Source: https://kinhtedothi.vn/gia-thep-hom-nay-13-11-tiep-tuc-giam-nhe.html