Steel prices in the North
According to SteelOnline.vn, Hoa Phat steel brand, with CB240 rolled steel line at 13,840 VND/kg; D10 CB300 ribbed steel bar is priced at 14,240 VND/kg.
Viet Y Steel brand, CB240 rolled steel line is priced at 13,940 VND/kg; D10 CB300 ribbed steel bar is priced at 14,140 VND/kg.
Viet Duc Steel, with CB240 coil steel line stopping at 13,840 VND/kg, D10 CB300 ribbed steel bar priced at 14,290 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 13,800 VND/kg; D10 CB300 ribbed steel bar is priced at 13,910 VND/kg.
Steel prices in the Central region
Hoa Phat Steel, with CB240 coil steel down to 13,890 VND/kg; D10 CB300 ribbed steel bar priced at 14,240 VND/kg.
Viet Duc Steel, currently CB240 coil steel is at 14,240 VND/kg; D10 CB300 ribbed steel is priced at 14,700 VND/kg.
VAS Steel currently sells CB240 coil steel at 14,110 VND/kg; D10 CB300 ribbed steel is priced at 14,160 VND/kg.
Pomina steel, with CB240 coil steel line at 14,690 VND/kg; D10 CB300 ribbed steel bar is priced at 15,300 VND/kg.
Steel prices in the South
Hoa Phat Steel, CB240 rolled steel is at 13,840 VND/kg; D10 CB300 ribbed steel is priced at 14,240 VND/kg.
VAS steel, CB240 coil steel line is at 13,800 VND/kg; D10 CB300 ribbed steel bar is priced at 13,910 VND/kg.
Pomina steel, CB240 coil steel line is at 14,590 VND/kg; D10 CB300 ribbed steel bar is priced at 14,990 VND/kg.
Steel prices on the exchange
Rebar on the Shanghai Futures Exchange (SHFE) for May 2025 delivery fell 25 yuan to 3,462 yuan/t.
Iron ore futures continued to fall as key China meeting results and a strong global supply outlook both weighed.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 fell 2.77% to 756 yuan ($104.14) a tonne.
Benchmark August iron ore SZZFQ4 on the Singapore Exchange fell 3.08% to $98.75 a tonne, its lowest since April 8.
China will step up policy support for the economy, focusing on boosting consumption to expand domestic demand on Tuesday.
Currently, China is facing increasing negative impacts from changes in the external environment, insufficient domestic demand and the transition from old growth drivers to new ones.
China's manufacturing activity likely shrank for a third month in July, keeping alive expectations for further stimulus as a lingering property crisis and job insecurity crimp growth.
Rising port inventories are not helping iron ore prices as they signal persistently weak steel mill demand, ANZ analysts said in a note.
Total iron ore inventories at ports in China rose 1.47% week on week to 151.8 million tonnes as of July 26, Steelhome data showed.
Total iron ore shipments to global destinations from 19 ports and 16 miners in Australia and Brazil recovered to 24.9 million tonnes between July 22 and 28, up 4.4% from the previous week, according to Chinese consultancy Mysteel.
Steel benchmarks on the Shanghai Futures Exchange fell. Rebar SRBcv1 fell about 1.7%, hot-rolled coil SHHCcv1 fell about 2.4%, bar SWRcv1 fell about 2.3%, and stainless steel SHSScv1 fell 0.14%.
Other steelmaking components on the DCE were weaker, with coking coal DJMcv1 and coke DCJcv1 down 2.16% and 2.44% respectively.
Source: https://kinhtedothi.vn/gia-thep-hom-nay-31-7-tiep-tuc-giam.html
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