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Steel price today March 27: flat on the trading floor

Kinhtedothi - On March 27, the domestic market kept its selling price unchanged; iron ore increased thanks to stable steel demand.

Báo Kinh tế và Đô thịBáo Kinh tế và Đô thị27/03/2025

Steel benchmarks on the Shanghai Futures Exchange traded flat.
Steel benchmarks on the Shanghai Futures Exchange traded flat.
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 13,580 VND/kg; D10 CB300 ribbed steel bar is priced at 13,690 VND/kg.

Viet Duc Steel, with CB240 coil steel line at 13,430 VND/kg, D10 CB300 ribbed steel bar is priced at 13,740 VND/kg.

Viet Sing Steel, with CB240 coil steel, is priced at VND13,430/kg; D10 CB300 ribbed steel is priced at VND13,640/kg.

VAS steel, with CB240 coil steel line at 13,330 VND/kg; D10 CB300 ribbed steel bar is priced at 13,380 VND/kg.

Steel prices in the Central region

Hoa Phat Steel, with CB240 coil steel line, is at 13,530 VND/kg; D10 CB300 ribbed steel bar is priced at 13,640 VND/kg.

Viet Duc Steel, currently CB240 coil steel is at 13,840 VND/kg; D10 CB300 ribbed steel is priced at 14,140 VND/kg.

VAS steel, CB240 coil steel line is at 13,740 VND/kg; D10 CB300 ribbed steel bar is priced at 13,790 VND/kg.

Steel prices in the South

Hoa Phat Steel, CB240 rolled steel, at 13,690 VND/kg; D10 CB300 ribbed steel is priced at 13,840 VND/kg.

VAS steel, CB240 coil steel line is at 13,380 VND/kg; D10 CB300 ribbed steel bar is priced at 13,480 VND/kg.

Steel prices on the exchange

Rebar on the Shanghai Futures Exchange (SHFE) for November 2025 delivery rose 3 yuan to 3,302 yuan/t.

Iron ore futures edged up on Tuesday, boosted by rising demand for the steelmaking ingredient, although output cuts in top consumer China capped gains.

The most-traded iron ore contract for May delivery on China's Dalian Commodity Exchange (DCE) rose 0.71% to 776.5 yuan ($106.91) a tonne.

Benchmark iron ore for April delivery on the Singapore Exchange fell 0.82 percent to $101.45 a tonne. Chinese iron ore miners’ output continued to rise last week, according to Chinese consultancy Mysteel, which attributed the increase to higher steel production.

According to Mysteel data, from March 14 to 20, the average daily combined iron ore concentrate output reached 488,500 tonnes a day, up 0.4% week-on-week.

Moreover, blast furnaces have been ramping up production and there is expected to be additional demand for iron ore in the future, brokerage Galaxy Futures said in a note. However, some steelmakers in China’s northwestern Xinjiang region have started cutting output since Monday, according to local reports, hampering the key steelmaking component.

Among them, Xinjiang Ba Yi Iron and Steel Co, a subsidiary of the world's largest steelmaker, plans to cut daily crude steel output by 10% from Monday.

Chinese shares closed higher on Monday, boosting sentiment, although gains were limited as investors turned cautious about the approaching deadline for US President Donald Trump to impose tariffs.

US President Donald Trump said on Monday that auto tariffs would be imposed soon, although not all of the tariffs he threatened would be imposed on April 2 and some countries could get a reduction in tariffs.

Other steelmaking components on the DCE posted small gains, with metallurgical coal and coking coal up 0.25% and 0.8% respectively.

Steel benchmarks on the Shanghai Futures Exchange traded flat. Rebar and wire rod both rose nearly 0.3%, hot-rolled coil fell 0.44% and stainless steel fell 0.22%.

Source: https://kinhtedothi.vn/gia-thep-hom-nay-27-3-di-ngang-tren-san-giao-dich.html


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