Steel price today 9/6: continues to decrease

Steel prices continue to fall sharply on the stock exchange.

Steel prices in the North

According to SteelOnline.vn, Hoa Phat steel brand, with CB240 rolled steel line at 13,640 VND/kg; D10 CB300 ribbed steel bar is priced at 13,840 VND/kg.

Viet Y steel brand, CB240 rolled steel line is priced at 13,640 VND/kg; D10 CB300 ribbed steel bar is priced at 13,740 VND/kg.

Viet Duc Steel, with CB240 coil steel line stopping at 13,580 VND/kg, D10 CB300 ribbed steel bar priced at 13,890 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 13,600 VND/kg; D10 CB300 ribbed steel bar is priced at 13,750 VND/kg.

Steel prices in the Central region

Hoa Phat Steel, with CB240 coil steel down to 13,640 VND/kg; D10 CB300 ribbed steel bar priced at 13,840 VND/kg.

Viet Duc Steel, currently CB240 coil steel is at 13,990 VND/kg; D10 CB300 ribbed steel is priced at 14,290 VND/kg.

VAS Steel currently sells CB240 coil steel at 14,010 VND/kg; D10 CB300 ribbed steel bar is priced at 13,960 VND/kg.

Pomina steel, with CB240 coil steel line at 14,280 VND/kg; D10 CB300 ribbed steel bar is priced at 14,480 VND/kg.

Steel prices in the South

Hoa Phat Steel, CB240 rolled steel is at 13,640 VND/kg; D10 CB300 ribbed steel is priced at 13,840 VND/kg.

VAS steel, CB240 coil steel line is at 13,600 VND/kg; D10 CB300 ribbed steel bar is priced at 13,700 VND/kg.

Pomina steel, CB240 coil steel line is at 14,080 VND/kg; D10 CB300 ribbed steel bar is priced at 14,380 VND/kg.

Steel prices on the exchange

Rebar on the Shanghai Futures Exchange (SHFE) for May 2025 delivery fell 12 yuan to 3,135 yuan/t.

Dalian iron ore futures continued to fall to their lowest in more than two weeks, as weaker Chinese data raised concerns about the economic recovery of the top consumer and a weakening steel industry.

The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) fell 1.55 percent to 700.5 yuan ($98.52) a tonne.

The contract hit an intraday low of 689.5 yuan, its weakest since Aug. 19. However, the benchmark October iron ore price on the Singapore Exchange rose 0.19% to $93.8 a tonne.

Growth in China’s services sector activity slowed in August despite the summer tourism peak, a private sector survey showed. Slower expansion in services activity offset faster growth in manufacturing output, leaving the Caixin/S&P Global Services Purchasing Managers’ Index (PMI) unchanged from July.

With factory owners cutting prices to stay competitive, consumers tightening their belts and a struggling real estate sector failing to make a significant recovery, the economy faces growing challenges coupled with external geopolitical uncertainties.

China's steel industry is currently facing a number of immediate challenges, including the property market situation, domestic business environment, rising global protectionism and local policies, ANZ analysts said in a note.

Construction steel sales fell on September 3 after a one-day gain, reflecting uncertainty in the domestic steel market, according to Chinese consultancy Mysteel. Iron ore prices could continue to fall in the medium term, with the recovery in prices over the past two weeks somewhat surprising given weak fundamentals, analysts at Westpac said.

Source: https://kinhtedothi.vn/gia-thep-hom-nay-6-9-tiep-tuc-giam.html