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 102 yuan to 3,484 yuan/t.
Iron ore futures rose and were on track for a weekly gain of more than 10%, supported by a fresh interest rate cut in top consumer China and expectations of more fiscal and property stimulus.
The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 was up 4.38% at 750 yuan ($106.94) a tonne, its highest since Sept. 2. The contract has gained 12.2% so far this week.
The benchmark October iron ore contract SZZFV4 on the Singapore Exchange rose 3.38% to $101.85 a tonne and has gained 13.8% this week. Prices hit their highest since Aug. 7 at $103.10 a tonne earlier.
China plans to issue 2 trillion yuan ($285.2 billion) of special government bonds as part of new fiscal stimulus measures, boosting sentiment for commodities including iron ore.
Australia has slightly revised down its forecast for resource and energy export earnings as falling prices across a range of commodities and a stronger currency continue to put pressure on the government's main source of revenue.
Australia now expects merchandise export earnings to fall about 10% to A$372 billion ($256 billion) in the year ending June 30, 2025, down from a forecast of A$380 billion in June, according to the official resources and energy quarterly report. Revenues were A$415 billion last year.
This decline will continue through 2026, albeit at a slower pace, reaching A$354 billion.
The report said commodity prices fell due to slowing economic growth in developed countries, the result of higher interest rates and weakness in China, a key source of demand for steel and other commodities.
Iron ore, Australia's biggest export, has been particularly hard hit by the downturn in China's property sector and prices have fallen by about a third this year.
The country forecasts iron ore export revenue to fall to A$99 billion in the year ending June 30, 2026, from A$138 billion last year.
Prices were lower across most of the resource types covered by the report, including metals critical to the renewable energy transition such as nickel and lithium.
Lower prices due to a surge in supply from Indonesia have forced some Australian nickel mines to close.
Resources Minister Madeleine King said lower prices for critical minerals highlighted the importance of the government's $7 billion subsidy program to the industry.
Other steelmaking components on the DCE rose to multi-week highs, with coking coal DJMcv1 and coke DCJcv1 up 4.86% and 4.02% respectively.
Most steel benchmarks on the Shanghai Futures Exchange also posted gains. Rebar SRBcv1 rose 2.58 percent, hot-rolled coil SHHCcv1 rose 2.94 percent, stainless steel SHHScv1 edged up 0.63 percent, while rebar SWRcv1 fell 0.17 percent.
Source: https://kinhtedothi.vn/gia-thep-hom-nay-30-9-tiep-tuc-ghi-nhan-muc-tang.html
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