Steel price today August 26 increased slightly on the trading floor

The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) fell 2.24%.

Steel prices in the North

According to SteelOnline.vn, Hoa Phat steel brand, with CB240 rolled steel line at 13,640 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 stopping at 13,580 VND/kg, D10 CB300 ribbed steel bar priced at 13,890 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 13,600 VND/kg; D10 CB300 ribbed steel bar is priced at 13,750 VND/kg.

Steel prices in the Central region

Hoa Phat Steel, with CB240 coil steel down to 13,640 VND/kg; D10 CB300 ribbed steel bar priced at 13,840 VND/kg.

Viet Duc Steel, currently CB240 coil steel is at 13,990 VND/kg; D10 CB300 ribbed steel is priced at 14,290 VND/kg.

VAS Steel currently sells CB240 coil steel at 14,010 VND/kg; D10 CB300 ribbed steel bar is priced at 13,960 VND/kg.

Pomina steel, with CB240 coil steel line at 14,280 VND/kg; D10 CB300 ribbed steel bar is priced at 14,480 VND/kg.

Steel prices in the South

Hoa Phat Steel, CB240 rolled steel is at 13,640 VND/kg; D10 CB300 ribbed steel is priced at 13,840 VND/kg.

VAS steel, CB240 coil steel line is at 13,600 VND/kg; D10 CB300 ribbed steel bar is priced at 13,700 VND/kg.

Pomina steel, CB240 coil steel line is at 14,080 VND/kg; D10 CB300 ribbed steel bar is priced at 14,380 VND/kg.

Steel prices on the exchange

Rebar on the Shanghai Futures Exchange (SHFE) for May 2025 delivery rose 14 yuan to 3,294 yuan/t.

Iron ore futures fell as weak short-term demand from China sparked fresh caution among investors, although expectations of improved consumption during the upcoming peak construction season kept prices on track for a weekly gain.

The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) fell 2.24 percent to 719.5 yuan ($100.81) a tonne.

The contract posted a 1.8% weekly gain, but is still 23.2% lower than the start of the year.

Benchmark September iron ore on the Singapore Exchange fell 1.18% to $96.20 a tonne, up 4.6% so far this week despite falling 26% from early January.

Hot metal output, an indicator of iron ore demand, continued to fall for a fifth straight week, suggesting short-term ore consumption remains low, analysts said.

Average daily hot metal output at surveyed steelmakers fell 1.9% on the week to 2.24 million tonnes as of Aug. 23, the lowest since early April, data from consultancy Mysteel showed.

Increasing losses at Chinese steel mills also affect demand for key steelmaking raw materials.

Steelmakers' profit margins have fallen for seven consecutive weeks to 1.3% from 4.76% previously, Mysteel data showed.

The weekly gains came as a sharp decline in prices has fueled a wave of buying on dips, especially ahead of the “golden September” when downstream construction activities typically pick up.

Source: https://kinhtedothi.vn/gia-thep-hom-nay-26-8-tang-nhe-tren-san-giao-dich.html