Steel price today July 19 slightly decreased on the trading floor

Benchmark steel futures on the Shanghai Futures Exchange weakened.

Steel prices in the North

According to SteelOnline.vn, Hoa Phat steel brand, with CB240 rolled steel line at 13,840 VND/kg; D10 CB300 ribbed steel bar is priced at 14,240 VND/kg.

Viet Y Steel brand, CB240 rolled steel line is priced at 13,940 VND/kg; D10 CB300 ribbed steel bar is priced at 14,140 VND/kg.

Viet Duc Steel, with CB240 coil steel line stopping at 13,840 VND/kg, D10 CB300 ribbed steel bar priced at 14,290 VND/kg.

Viet Sing Steel, with CB240 coil steel priced at 13,700 VND/kg; D10 CB300 ribbed steel bar priced at 14,010 VND/kg.

VAS steel, with CB240 coil steel line at 13,800 VND/kg; D10 CB300 ribbed steel bar is priced at 13,910 VND/kg.

Steel prices in the Central region

Hoa Phat Steel, with CB240 coil steel down to 13,890 VND/kg; D10 CB300 ribbed steel bar priced at 14,240 VND/kg.

Viet Duc Steel, currently CB240 coil steel is at 14,240 VND/kg; D10 CB300 ribbed steel is priced at 14,700 VND/kg.

VAS Steel currently sells CB240 coil steel at 14,110 VND/kg; D10 CB300 ribbed steel is priced at 14,160 VND/kg.

Pomina steel, with CB240 coil steel line at 14,690 VND/kg; D10 CB300 ribbed steel bar is priced at 15,300 VND/kg.

Steel prices in the South

Hoa Phat Steel, CB240 rolled steel is at 13,840 VND/kg; D10 CB300 ribbed steel is priced at 14,240 VND/kg.

VAS steel, CB240 coil steel line is at 13,800 VND/kg; D10 CB300 ribbed steel bar is priced at 13,910 VND/kg.

Pomina steel, CB240 coil steel line is at 14,590 VND/kg; D10 CB300 ribbed steel bar is priced at 14,990 VND/kg.

Steel prices on the exchange

Rebar on the Shanghai Futures Exchange (SHFE) for June 2025 delivery fell 1 yuan to 3,631 yuan/t.

Dalian iron ore futures continued to fall, as the steel market weakened in top consumer China, while investors awaited details on possible stimulus measures from Beijing's Third Plenum.

The most-traded iron ore contract for September on China's Dalian Commodity Exchange (DCE) DCIOcv1 was 0.9% lower at 811.5 yuan ($111.86) a tonne.

The price hit an intraday low of 798 yuan a tonne earlier in the session, its lowest since June 26.

However, the benchmark August iron ore price SZZFQ4 on the Singapore Exchange increased 0.67% to $105.65/ton.

Benchmark steel prices on the Shanghai Futures Exchange were pressured by lackluster demand due to heat and heavy rain in some areas.

SRBcv1 rebar and SHHCcv1 hot-rolled coil decreased by about 0.8%, SWRcv1 wire rod decreased by nearly 1.2% and SHSScv1 stainless steel decreased by about 0.2%.

Data from consultancy Mysteel showed that daily trading volume of construction steel products fell 18% from Tuesday to 95,300 tonnes on Wednesday.

China’s property slowdown comes as the steel industry enters a quieter summer period when demand tends to weaken, ANZ analysts wrote in a note. The property sector is a major consumer of steel in China.

Investors and traders are still awaiting details on potential stimulus from the third plenary meeting of top leaders scheduled to conclude on Thursday.

Beijing is not expected to introduce new measures that would lead to a surge in domestic demand for the property sector, ANZ analysts said.

However, iron ore prices are not expected to fall as stronger investment in social housing and infrastructure along with growth in the manufacturing, machinery and transport sectors will boost China's steel consumption, ANZ added.

Other steelmaking components on the DCE lost ground, with coking coal DJMcv1 and coking coal DCJcv1 down around 0.5% and 2% respectively.

Source: https://kinhtedothi.vn/gia-thep-hom-nay-19-7-giam-nhe-tren-san-giao-dich.html