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 13,430 VND/kg; D10 CB300 ribbed steel bar is priced at 13,400 VND/kg.
Viet Duc Steel, with CB240 coil steel line at 13,430 VND/kg, D10 CB300 ribbed steel bar is priced at 13,690 VND/kg.
Viet Sing Steel, with CB240 coil steel priced at 13,300 VND/kg; D10 CB300 ribbed steel bar priced at 13,600 VND/kg.
VAS steel, with CB240 coil steel line at 13,350 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 13,480 VND/kg; D10 CB300 ribbed steel bar priced at 13,580 VND/kg.
Viet Duc Steel, currently CB240 coil steel is at 13,740 VND/kg; D10 CB300 ribbed steel is priced at 13,990 VND/kg.
VAS Steel currently has CB240 coil steel at 13,650 VND/kg; D10 CB300 ribbed steel bar is priced at 13,450 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 13,640 VND/kg; D10 CB300 ribbed steel reduced to 13,580 VND/kg.
VAS steel, CB240 coil steel line is at 13,350 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 May 2025 delivery rose 95 yuan to 3,275 yuan/t.
Iron ore futures jumped on Thursday, posting their biggest one-day gain in more than a year, as a fresh wave of monetary stimulus from China and restocking ahead of a national holiday for top consumer China lifted market sentiment.
The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) was up 4.64% at 699.5 yuan ($99.38) a tonne, posting its biggest daily gain since May 29, 2023.
Benchmark iron ore for October delivery on the Singapore Exchange rose 5.8% to $94.65 a tonne.
China's central bank has unveiled its biggest stimulus package since the pandemic to lift the economy out of deflation and back toward the government's growth target, but analysts warn that more fiscal support is needed to meet those goals.
The broader support package, which is expected to provide additional funding and cut interest rates, marks Beijing's latest effort to restore confidence after a series of disappointing data raised concerns about a prolonged structural downturn.
"The fundamentals of China's imported iron ore market have brightened over the past week, as rising output at domestic steel mills means demand for the input material remains stable," Chinese consultancy Mysteel said in a note.
Domestic steelmakers have been slowly raising their hot metal output after steel sales profits recovered due to a recovery in end-user demand, and mills’ iron ore replenishment demand ahead of the upcoming National Day holiday from Oct 1-7 will further improve fundamentals, Mysteel said.
Iron ore prices are expected to be volatile ahead of the holiday, as short-term inventory pressure remains relatively large.
Source: https://kinhtedothi.vn/gia-thep-hom-nay-25-9-tang-manh-tro-lai.html
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