Steel prices in the North
According to SteelOnline.vn, Hoa Phat steel brand, with CB240 rolled steel line at 13,580 VND/kg; D10 CB300 ribbed steel bar is priced at 13,790 VND/kg.
Viet Y Steel brand, CB240 rolled steel line is priced at 13,530 VND/kg; D10 CB300 ribbed steel bar is priced at 13,640 VND/kg.
Viet Duc Steel, with CB240 coil steel line at 13,530 VND/kg, D10 CB300 ribbed steel bar is priced at 13,890 VND/kg.
Viet Sing Steel, with CB240 coil steel priced at 13,500 VND/kg; D10 CB300 ribbed steel bar priced at 13,700 VND/kg.
VAS steel, with CB240 coil steel line at 13,500 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 13,580 VND/kg; D10 CB300 ribbed steel bar priced at 13,790 VND/kg.
Viet Duc Steel, currently CB240 coil steel is at 13,990 VND/kg; D10 CB300 ribbed steel is priced at 14,190 VND/kg.
VAS Steel currently sells CB240 coil steel at 13,650 VND/kg; D10 CB300 ribbed steel bar is priced at 13,700 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 13,580 VND/kg; D10 CB300 ribbed steel reduced to 13,790 VND/kg.
VAS steel, CB240 coil steel line is at 13,500 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 June 2025 delivery rose 13 yuan to 3,425 yuan/t.
Dalian iron ore futures rose for a third straight session to their highest in nearly two months amid expectations of more economic stimulus measures and seasonal replenishments from steelmakers in top consumer China.
The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) rose 0.94 percent to 809 yuan ($110.96) a tonne.
Earlier in the session, the contract hit its highest since Oct. 8 at 813.5 yuan a tonne.
Benchmark January iron ore on the Singapore Exchange was unchanged at $104.60 a tonne, after hitting its highest since Nov. 8 at $105.20 a tonne.
Market participants are awaiting signals on the possibility of more stimulus measures from closely watched meetings between Beijing's top leaders, analysts said.
“The upcoming Central Economic Work Conference in December will shape the policy outlook for 2025. Improving steel mill margins bode well for iron ore demand, although property indicators have yet to show significant improvement,” ANZ analysts said in a note.
Building stockpiles from steel mills are also supporting prices of key steelmaking raw materials, analysts at Nanhua Futures said in a note.
Steel production may pick up seasonally this winter, with Chinese steelmakers likely to boost steel exports ahead of potential tariffs and rising global trade tensions.
Other steelmaking raw materials on the DCE fell, with coking coal and coke down 0.69% and 0.85% respectively.
Most steel benchmarks on the Shanghai Futures Exchange rose. Rebar rose 0.51%, hot-rolled coil rose 0.86%, wire rod rose 0.47% while stainless steel was unchanged.
Source: https://kinhtedothi.vn/gia-thep-hom-nay-4-12-tiep-da-tang.html
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