Steel prices in the North
According to SteelOnline.vn, Hoa Phat steel brand, with CB240 rolled steel line at 13,690 VND/kg; D10 CB300 ribbed steel bar is priced at 13,840 VND/kg.
Viet Y steel brand, CB240 rolled steel line is priced at 13,640 VND/kg; D10 CB300 ribbed steel bar is priced at 13,740 VND/kg.
Viet Duc Steel, with CB240 coil steel line at 13,640 VND/kg, D10 CB300 ribbed steel bar is priced at 13,840 VND/kg.
Viet Sing Steel, with CB240 coil steel priced at 13,600 VND/kg; D10 CB300 ribbed steel bar priced at 13,800 VND/kg.
VAS steel, with CB240 coil steel line at 13,600 VND/kg; D10 CB300 ribbed steel bar is priced at 13,700 VND/kg.
Steel prices in the Central region
Hoa Phat Steel, with CB240 coil steel line at 13,690 VND/kg; D10 CB300 ribbed steel bar is priced at 13,840 VND/kg.
Viet Duc Steel, currently CB240 coil steel is at 13,940 VND/kg; D10 CB300 ribbed steel is priced at 14,340 VND/kg.
VAS Steel currently sells CB240 coil steel at 13,910 VND/kg; D10 CB300 ribbed steel bar is priced at 13,960 VND/kg.
Steel prices in the South
Hoa Phat Steel, CB240 rolled steel is at 13,690 VND/kg; D10 CB300 ribbed steel is priced at 13,840 VND/kg.
VAS steel, CB240 coil steel line is at 13,700 VND/kg; D10 CB300 ribbed steel bar is priced at 13,800 VND/kg.
Steel prices on the exchange
Rebar on the Shanghai Futures Exchange (SHFE) for May 2025 delivery fell 16 yuan to 3,291 yuan/t.
Iron ore futures traded in a narrow range, as investors weighed new initiatives by top consumer China to support its stock market amid concerns over higher US tariffs on Chinese imports.
The most-traded iron ore contract for May on China's Dalian Commodity Exchange (DCE) rose 0.13% to 799 yuan ($109.76) a tonne.
Benchmark iron ore for February delivery on the Singapore Exchange fell 0.06% to $103.5 a tonne.
Chinese stocks rose in early trading, broadly supported by Beijing's latest initiative to encourage insurance funds to buy mainland-listed stocks.
Beijing has stepped up policy support to boost investor confidence as the country grapples with deflationary pressures and geopolitical tensions.
Iron ore is under pressure amid concerns that a broader trade war will dampen export demand in the steel sector, ANZ analysts said.
US President Donald Trump said on Tuesday that his administration is considering imposing a 10% tariff on imports from China.
Since taking office, Trump has yet to make a final decision on tariffs on China, causing uncertainty and steel prices have remained largely range-bound, Chinese consultancy Galaxy Futures said in a note.
On the supply side, Australia’s Fortescue reported a slight increase in iron ore shipments in the second quarter. The world’s fourth-largest iron ore miner said its output was affected by major shutdowns at its Iron Bridge project, which was expected to reach full production by the end of the year.
Other steelmaking components on the DCE rose, with coking coal up 0.18% and 1.29% respectively.
Most steel benchmarks on the Shanghai Futures Exchange rose. Rebar rose nearly 0.4%, hot-rolled coil rose 0.29%, wire rod rose 0.45%, while stainless steel fell 0.87%.
Source: https://kinhtedothi.vn/gia-thep-hom-nay-24-1-tiep-da-giam.html
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