Steel price today November 22: continuing to increase

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 13,580 VND/kg; D10 CB300 ribbed steel bar is priced at 13,790 VND/kg.

Viet Y Steel brand, CB240 rolled steel line is priced at 13,530 VND/kg; D10 CB300 ribbed steel bar is priced at 13,640 VND/kg.

Viet Duc Steel, with CB240 coil steel line at 13,530 VND/kg, D10 CB300 ribbed steel bar is priced at 13,890 VND/kg.

Viet Sing Steel, with CB240 coil steel priced at 13,500 VND/kg; D10 CB300 ribbed steel bar priced at 13,700 VND/kg.

VAS steel, with CB240 coil steel line at 13,500 VND/kg; D10 CB300 ribbed steel bar is priced at 13,600 VND/kg.

Steel prices in the Central region

Hoa Phat Steel, with CB240 coil steel down to 13,580 VND/kg; D10 CB300 ribbed steel bar priced at 13,790 VND/kg.

Viet Duc Steel, currently CB240 coil steel is at 13,990 VND/kg; D10 CB300 ribbed steel is priced at 14,190 VND/kg.

VAS Steel currently sells CB240 coil steel at 13,650 VND/kg; D10 CB300 ribbed steel bar is priced at 13,700 VND/kg.

Pomina steel, with CB240 coil steel line at 14,180 VND/kg; D10 CB300 ribbed steel bar is priced at 14,180 VND/kg.

Steel prices in the South

Hoa Phat Steel, CB240 rolled steel at 13,580 VND/kg; D10 CB300 ribbed steel reduced to 13,790 VND/kg.

VAS steel, CB240 coil steel line is at 13,500 VND/kg; D10 CB300 ribbed steel bar is priced at 13,600 VND/kg.

Pomina steel, CB240 coil steel line is at 13,970 VND/kg; D10 CB300 ribbed steel bar is priced at 13,970 VND/kg.

Steel prices on the exchange

Rebar on the Shanghai Futures Exchange (SHFE) for June 2025 delivery rose 5 yuan to 3,397 yuan/t.

Iron ore futures rose to their highest in more than a week as investors and traders weighed firm near-term demand against high port inventories while awaiting fresh direction on the outlook from top consumer China.

The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) rose 0.45 percent to 778 yuan ($107.45) a tonne. It had earlier hit 782 yuan, its highest since Nov. 8. The benchmark December iron ore contract on the Singapore Exchange rose 0.86 percent to $101.90 a tonne.

Prices hit their highest since Nov. 11 at $102 earlier. “Ore prices have found some support from recovering demand, with hot metal output hovering relatively high. But upside potential is limited by rising port inventories due to more seaborne shipments,” said Zhuo Guiqiu, an analyst at Jinrui Futures.

China will set the direction of the country’s economic development at a meeting in December, and so in the short term, the market will pay more attention to macroeconomic factors, analysts at Huatai Futures said in a note, referring to expectations of more stimulus measures next month. Other steelmaking components on the DCE rose, with coking coal and coke up 0.51% and 0.13%, respectively.

Steel benchmarks on the Shanghai Futures Exchange rose. Rebar rose 0.39%, hot-rolled coil rose 0.2% and stainless steel rose 0.3%.

Source: https://kinhtedothi.vn/gia-thep-hom-nay-22-11-tiep-da-tang.html