Steel price today April 5: Continue to decrease

Steel prices in the North

According to SteelOnline.vn, Hoa Phat steel brand, with CB240 rolled steel line at 13,530 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 VND13,330/kg; D10 CB300 ribbed steel is priced at VND13,530/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 price today April 5: Continue to decrease

Steel prices in the South

Hoa Phat Steel, CB240 rolled steel, at 13,530 VND/kg; D10 CB300 ribbed steel is priced at 13,640 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 October 2025 delivery fell 21 yuan to 3,231 yuan/t.

Iron ore futures fell, pressured by concerns about the demand outlook in top consumer China after steelmakers cut output, reducing demand for the ore.

The most-traded iron ore contract for May on China's Dalian Commodity Exchange (DCE) fell 0.83 percent to 778 yuan ($107.12) a tonne.

China has announced its intention to curb steel production in China due to overcapacity. Although there has been no official announcement yet, some steelmakers have voluntarily cut production in preparation for the official announcement, thus limiting demand for iron ore.

China’s steel industry is currently facing overcapacity of more than 50 million tonnes, a figure that is expected to rise to 250 million tonnes over the next decade. Moreover, concerns about the demand outlook, exacerbated by the escalation of the global trade war triggered by new US tariffs, are also putting pressure on prices.

Other steelmaking components on the DCE were flat, with metallurgical coal and coking coal DCJcv1 down 1.2% and 1.79%, respectively.

Most steel benchmarks on the Shanghai Futures Exchange fell. Rebar fell 0.53%, hot-rolled coil fell 0.65% and wire rod (SWRcv1) fell 0.44%, while stainless steel rose 0.15%.

Source: https://baodaknong.vn/gia-thep-hom-nay-5-4-tiep-da-giam-248385.html