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 fell 29 yuan to 3,363 yuan/t.
Iron ore futures fell to a three-week low on Tuesday, as supplies of the key steelmaking raw material remained firm amid a weaker steel market outlook, although top consumer China’s fresh stimulus measures for its property sector limited losses.
The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) fell 1.37 percent to 756.0 yuan ($104.38) a tonne, having hit its lowest since Oct. 24 at 751.5 yuan earlier in the day.
Benchmark December iron ore on the Singapore Exchange fell 1.81% to $98.72 a tonne.
Shipments from Australia's top port of Port Hedland totaled 45.6 million tonnes in October, taking this year's total to the highest for the same period in four years, ANZ analysts said in a note.
The Australian government expects exports to rise 1.9% to 908 million tonnes by 2024, ANZ said.
According to Chinese consultancy Mysteel, inventories of steelmaking materials at major Chinese ports are in stark contrast to the weak prices of imported iron ore and demand since the beginning of this year.
According to Mysteel, the inventory increase comes as traders at the port “re-import passively” as the iron ore market continues to weaken.
For Chinese steelmakers, this year has been a tough one as falling steel prices have squeezed profits amid a prolonged downturn in the property industry, Mysteel said.
China on Wednesday announced tax incentives for real estate transactions, aimed at supporting its crisis-hit property market, which remains the country's biggest steel consumer.
Other steelmaking components on the DCE all fell, with coking coal and coke down 1.59% and 1.31%, respectively.
Steel benchmarks on the Shanghai Futures Exchange fell. Rebar fell about 0.9%, hot-rolled coil fell nearly 1%, wire rod fell nearly 0.3% and stainless steel fell about 0.8%.
Source: https://kinhtedothi.vn/gia-thep-hom-nay-15-11-tiep-tuc-mat-gia-tren-san-giao-dich.html
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