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Steel price today March 15: continues to increase

Báo Kinh tế và Đô thịBáo Kinh tế và Đô thị14/03/2025


Steel benchmarks on the Shanghai Futures Exchange rose.
Steel benchmarks on the Shanghai Futures Exchange rose.
Steel prices in the North

According to SteelOnline.vn, Hoa Phat steel brand, with CB240 rolled steel line at 13,480 VND/kg; D10 CB300 ribbed steel bar is priced at 13,580 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 13,430 VND/kg, D10 CB300 ribbed steel bar is priced at 13,740 VND/kg.

Viet Sing Steel, with CB240 coil steel, is priced at VND13,430/kg; D10 CB300 ribbed steel is priced at VND13,640/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 13,530 VND/kg; D10 CB300 ribbed steel bar is priced at 13,640 VND/kg.

Viet Duc Steel, currently CB240 coil steel is at 13,840 VND/kg; D10 CB300 ribbed steel is priced at 14,140 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 13,690 VND/kg; D10 CB300 ribbed steel is priced at 13,840 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 prices on the exchange

Rebar on the Shanghai Futures Exchange (SHFE) for November 2025 delivery rose 9 yuan to 3,337 yuan/t.

Iron ore futures rose to their highest in nearly two weeks and were on track for a weekly gain, supported by recovering demand and growing expectations of additional stimulus measures in top consumer China.

The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE) TIO1! rose 1.68% to its highest since March 3 at 789 yuan ($108.86) a tonne, up nearly 2% this week.

Benchmark April iron ore (SZZFJ5) on the Singapore Exchange rose 0.71% to $102.95 a tonne, its highest since Feb. 28. Prices have gained 2.5% this week.

China's central bank said on Thursday it will cut interest rates and banks' reserve requirement ratios at appropriate times and maintain ample liquidity, lifting market sentiment.

Prices were also supported by continued strong demand for the key steelmaking ingredient, as steelmakers ramped up output during the peak construction season in March.

Average daily hot metal output, often used to gauge iron ore demand, rose for a third straight week by 0.03% from the previous week to 2.31 million tonnes as of March 13, according to a survey from consultancy Mysteel.

The escalating global trade war, which could dampen demand prospects, coupled with China's plan to cut crude steel output, continued to act as headwinds, limiting further gains.

Other steelmaking components on the DCE were range-bound, with coking coal down 0.67%.

Steel benchmarks on the Shanghai Futures Exchange rose. Rebar rose 0.52%, hot-rolled coil rose 1.15%, SWRcv1 rebar rose 0.84% ​​and stainless steel rose nearly 1%.



Source: https://kinhtedothi.vn/gia-thep-hom-nay-15-3-tiep-tuc-tang.html

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