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 May 2025 delivery fell 7 yuan to 3,491 yuan/t.
Dalian iron ore futures snapped a three-day losing streak, boosted by top producer Rio Tinto’s upbeat demand outlook for top consumer China and hopes of further stimulus measures in the Asian nation.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) rose 1.63% to 778 yuan ($107.60) a tonne.
Benchmark iron ore for September delivery on the Singapore Exchange rose 0.62% to $101.55 a tonne.
Rio Tinto, the world’s largest iron ore producer, reported higher first-half underlying earnings on Wednesday and the company’s upbeat comments on China boosted iron ore contracts, ANZ analysts said in a note.
The company predicts China's economy will grow "plus or minus 5%," which will support solid commodity demand, according to Rio CEO Jakob Stausholm.
Stausholm cited the “huge” impact of China’s green transition on steel demand, which he also expects to drive consumption of higher-quality iron ore.
Weaker-than-expected Chinese economic data — manufacturing activity shrank for a third month in July, while non-manufacturing activity expanded more slowly — also added to hopes for government stimulus, Westpac analysts said.
Weaker-than-expected Chinese economic data has added to hopes of government stimulus, Westpac analysts said.
A private sector survey released on Thursday showed factory activity in China contracted for the first time in nine months, after the official PMI survey showed manufacturing activity fell to a five-month low.
However, China still has the ability and confidence to achieve its full-year growth target of around 5 percent and will work to actively expand domestic demand, state planners said.
Other steelmaking components on the DCE fell, with coking coal and coke down 1.68% and 1.18% respectively.
Source: https://kinhtedothi.vn/gia-thep-hom-nay-2-8-quay-dau-giam-nhe.html
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