Steel prices today, June 18, increased slightly on the Shanghai exchange.

Benchmark steel futures on the Shanghai Futures Exchange edged up but were generally weaker in the session.

Steel prices in the North

According to SteelOnline.vn, Hoa Phat steel brand, with CB240 rolled steel line at 14,090 VND/kg; D10 CB300 ribbed steel bar is priced at 14,440 VND/kg.

Viet Y Steel brand, CB240 rolled steel line is priced at 14,240 VND/kg; D10 CB300 ribbed steel bar is priced at 14,340 VND/kg.

Viet Duc Steel, with CB240 coil steel line at 14,240 VND/kg, D10 CB300 ribbed steel bar is priced at 14,590 VND/kg.

Viet Sing Steel, with CB240 coil steel priced at 14,010 VND/kg, D10 CB300 ribbed steel remains at 14,210 VND/kg.

VAS steel, with CB240 coil steel line at 14,310 VND/kg; D10 CB300 ribbed steel bar is priced at 14,310 VND/kg.

Steel prices in the Central region

Hoa Phat Steel, with CB240 coil steel line at 14,140 VND/kg; D10 CB300 ribbed steel bar is priced at 14,440 VND/kg.

Viet Duc Steel, currently CB240 coil steel is at 14,750 VND/kg; D10 CB300 ribbed steel is priced at 15,000 VND/kg.

VAS steel, currently CB240 coil steel is at 14,410 VND/kg; D10 CB300 ribbed steel is priced at 14,260 VND/kg.

Pomina steel, with CB240 coil steel line at 14,940 VND/kg; D10 CB300 ribbed steel bar is priced at 15,200 VND/kg.

Steel prices in the South

Hoa Phat Steel, CB240 rolled steel is at 14,140 VND/kg; D10 CB300 ribbed steel is priced at 14,440 VND/kg.

VAS steel, CB240 coil steel line is at 14,310 VND/kg; D10 CB300 ribbed steel bar is priced at 14,210 VND/kg.

Pomina steel, CB240 coil steel line is at 14,790 VND/kg; D10 CB300 ribbed steel bar is priced at 14,990 VND/kg.

Steel prices on the exchange

Shanghai Futures Exchange (SHFE) for May 2025 delivery rose 2 yuan to 3,702 yuan/tonne.

Iron ore futures fell after a series of weaker-than-expected economic data in top consumer China and as floods and high temperatures in the country clouded the outlook for demand in the near term.

The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 fell 1.81% to 811.5 yuan ($111.85) a tonne.

Benchmark iron ore for July delivery SZZFN4 on the Singapore Exchange fell 2.33% to $105 a tonne.

A series of weaker-than-expected data in the property sector, China's biggest steel consumer, weighed on market sentiment, even as policymakers redoubled efforts to support the ailing sector and shore up consumer confidence.

China's real estate investment fell 10.1% in the first five months of 2024 from a year earlier, after falling 9.8% in the January-April period, statistics bureau data showed.

Meanwhile, China's new home prices fell at their fastest pace in more than nine and a half years in May.

This comes after new bank lending in China rebounded much less than expected in May and several key currency gauges hit record lows, suggesting the world's second-largest economy is still struggling to regain its footing.

Floods in southern regions and high temperatures also reduced demand for steel products.

Other steelmaking raw materials on the DCE also fell, with coking coal DJMcv1 and coking coal DCJcv1 down 1.73% and 1.15% respectively.

Benchmark steel futures on the Shanghai Futures Exchange edged up slightly but were generally weaker. Rebar SRBcv1 fell 0.85%, hot-rolled coil SHHCcv1 fell 0.89%, rebar SWRcv1 fell 0.9% and stainless steel SHSScv1 fell 0.72%.

Separately, China's crude steel output in May rose 8.1% month-on-month and 2.7% year-on-year on improved domestic demand and strong exports.

Source: https://kinhtedothi.vn/gia-thep-hom-nay-18-6-tren-san-giao-dich-tuong-lai-thuong-hai-tang-nhe.html