Steel price today 3/26/2025 has a slight increase

Index

Steel price today March 26, 2025 in domestic market
Steel price in the North on March 26, 2025
Steel price in Central region on March 26, 2025
Steel price in the South on March 26, 2025
Steel price today 3/26/2025 on the international market
Steel price assessment on March 26, 2025 shows a slight increase

Steel price today March 26, 2025 in domestic market

Steel price in the North on March 26, 2025

BRAND/TYPE OF STEEL	PRICE (VND/kg)
Hoa Phat Steel
CB240 Steel Coil	13,480
D10 CB300 ribbed steel bar	13,580
Viet Y Steel
CB240 Steel Coil	13,580
D10 CB300 ribbed steel bar	13,690
Viet Duc Steel
CB240 Steel Coil	13,430
D10 CB300 ribbed steel bar	13,740
Viet Sing Steel
CB240 Steel Coil	13,430
D10 CB300 ribbed steel bar	13,640
VAS Steel
CB240 Steel Coil	13,330
D10 CB300 ribbed steel bar	13,380
Updated: 03/26/2025

Steel prices in the North on March 26, 2025 showed a slight difference between brands, with prices ranging from 13,330 to 13,740 VND/kg. VAS steel had the lowest price, with CB240 coil steel at 13,330 VND/kg and D10 CB300 ribbed steel at 13,380 VND/kg, while Viet Duc steel recorded the highest price for D10 CB300 ribbed steel, reaching 13,740 VND/kg. Hoa Phat and Viet Y steel had quite competitive prices, at 13,480 - 13,580 VND/kg and 13,580 - 13,690 VND/kg for the two steel lines, respectively. Viet Sing steel was at an average level with 13,430 - 13,640 VND/kg.

In general, the steel market in the North is maintaining stability, with the price difference between brands not too large, reflecting stable supply and the construction demand in this region has not fluctuated strongly. However, contractors and businesses need to closely monitor to optimize costs in the context of global raw material prices that may fluctuate.

Steel price in Central region on March 26, 2025

BRAND/TYPE OF STEEL	PRICE (VND/kg)
Hoa Phat Steel
CB240 Steel Coil	13,530
D10 CB300 ribbed steel bar	13,640
Viet Duc Steel
CB240 Steel Coil	13,840
D10 CB300 ribbed steel bar	14,140
VAS Steel
CB240 Steel Coil	13,740
D10 CB300 ribbed steel bar	13,790
Updated: 03/26/2025

The steel price list in the Central region on March 26, 2025 shows the difference between brands, with prices ranging from 13,530 to 14,140 VND/kg. Viet Duc Steel has the highest price, with CB240 coil steel at 13,840 VND/kg and D10 CB300 ribbed steel at 14,140 VND/kg, significantly higher than other brands. Hoa Phat Steel recorded the lowest price, with CB240 coil steel at 13,530 VND/kg and D10 CB300 ribbed steel at 13,640 VND/kg. VAS Steel is at an average level, with CB240 coil steel at 13,740 VND/kg and D10 CB300 ribbed steel at 13,790 VND/kg.

Compared to the North (VND13,330 - 13,740/kg), steel prices in the Central region are slightly higher, possibly due to transportation costs or increased construction demand in this region. The steel market in the Central region is stable, but contractors need to consider choosing brands to optimize costs in the context of price differentiation.

Steel price in the South on March 26, 2025

BRAND/TYPE OF STEEL	PRICE (VND/kg)
Hoa Phat Steel
CB240 Steel Coil	13,690
D10 CB300 ribbed steel bar	13,840
VAS Steel
CB240 Steel Coil	13,380
D10 CB300 ribbed steel bar	13,480
Updated: 03/26/2025

Steel prices in the South on March 26, 2025 showed a difference between the two brands, with prices ranging from 13,380 to 13,840 VND/kg. Hoa Phat steel had higher prices, with CB240 coil steel at 13,690 VND/kg and D10 CB300 ribbed steel at 13,840 VND/kg, while VAS steel recorded lower prices, with CB240 coil steel at 13,380 VND/kg and D10 CB300 ribbed steel at 13,480 VND/kg.

Compared to the North (VND 13,330 - 13,740/kg) and the Central region (VND 13,530 - 14,140/kg), steel prices in the South are at an average level, not as high as the Central region but also not as low as some brands in the North. This price stability shows that the Southern steel market is maintaining a balance of supply and demand, in line with construction needs in the region. However, contractors should consider choosing between Hoa Phat and VAS to optimize costs, especially when global steel prices may fluctuate in the coming time.

Steel price today 3/26/2025 on the international market

Today's iron and steel prices recorded many fluctuations. On the Shanghai Futures Exchange (SHFE), rebar for November 2025 delivery increased by 8 yuan to 3,308 yuan/ton. Iron ore futures also increased slightly, with the May contract on the Dalian Commodity Exchange (DCE) increasing by 0.71% to 776.5 yuan/ton ($106.91/ton), while the benchmark iron ore price for April on the Singapore Exchange decreased by 0.82% to $101.45/ton.

Average iron ore concentrate output was 488,500 tonnes per day, up 0.4% from the previous week, driven by rising steelmaking demand, according to data from Mysteel. However, some steelmakers in Xinjiang have begun to cut production, with Xinjiang Ba Yi Iron and Steel Co. planning to cut its daily crude steel output by 10%.

Although Chinese stocks closed higher, market sentiment remained cautious amid concerns about auto tariffs from U.S. President Donald Trump. Other steelmaking components such as metallurgical coal and coking coal posted small gains, up 0.25% and 0.8%, respectively. Rebar and wire rod both rose nearly 0.3%, while hot-rolled coil and stainless steel fell 0.44% and 0.22%, respectively.

Steel price assessment on March 26, 2025 shows a slight increase

Steel prices in Vietnam on March 25, 2025 show the difference between regions and brands. In the North, steel prices range from 13,330 - 13,740 VND/kg, with VAS steel having the lowest price (13,330 VND/kg for CB240) and Viet Duc steel having the highest price (13,740 VND/kg for D10 CB300).

The Central region has higher prices, from 13,530 - 14,140 VND/kg, in which Viet Duc steel leads (14,140 VND/kg for D10 CB300), while Hoa Phat steel is the lowest (13,530 VND/kg for CB240). The South recorded prices from 13,380 - 13,840 VND/kg, with Hoa Phat steel the highest (13,840 VND/kg for D10 CB300) and VAS steel the lowest (13,380 VND/kg for CB240).

On the international market, SHFE rebar edged up to 3,308 yuan/t, DCE iron ore rose 0.71% to 776.5 yuan/t, but Singapore iron ore fell 0.82% to $101.45/t, reflecting rising demand but limited by production cuts in China, as Xinjiang Ba Yi Iron and Steel fell 10%. The domestic steel market is stable, but the impact of Trump's auto tariffs and global iron ore price movements need to be monitored.