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 October 2025 delivery fell 23 yuan to 3,256 yuan/t.
Iron ore futures traded in a narrow range, as investors balanced ongoing weakness in China’s struggling property market with sustained demand for the key steelmaking ingredient, supported by stronger steel margins.
The most-traded May iron ore contract on China's Dalian Commodity Exchange (DCE) ended the day's session down 0.58 percent at 777 yuan ($107.45) a tonne.
Benchmark iron ore for April delivery on the Singapore Exchange was little changed at $102.1 a tonne.
"The latest construction data still shows a sharp decline, ruling out the possibility of a rapid recovery in steel demand from the sector in the near term, putting pressure on steel prices and input materials," said Pei Hao, a senior analyst at international brokerage Freight Investor Services (FIS).
Sunac China, one of China's largest property developers, said on Monday it expects to report a wider loss in the year ending December 2024.
“But we do not expect prices to fall sharply in the near term as consumer demand will be supported by improved steel margins,” Pei said.
Steel margins have improved recently due to lower raw material prices, analysts at Maike Futures said in a note.
About 53.25% of steelmakers were operating profitably as of March 13, compared with 50.22% at the end of February, a survey from consultancy Mysteel showed.
Analysts expect crude steel output to rise in March, as mills ramp up output on high profit margins and growing downstream demand.
About 28% of factories surveyed plan to increase output next month, up from 25% last month, Florence Sun, commodities strategist at Macquarie Group, said in a note.
Other steelmaking components on the DCE fell, with coking coal down 1.83% and 1.02% respectively.
Steel benchmarks on the Shanghai Futures Exchange fell. Rebar fell 1.33%, hot-rolled coil fell 0.88%, wire rod fell 0.76% and stainless steel fell 1.28%.
Source: https://kinhtedothi.vn/gia-thep-hom-nay-19-3-tiep-tuc-giam-manh.html
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