Steel prices today, October 31, on the exchange are inconsistent.

Steel benchmarks on the Shanghai Futures Exchange are not uniform.

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 3,505 yuan/t.

Iron ore futures traded in a narrow range on Tuesday, as concerns about steel demand in top consumer China flared as the European Union’s decision to raise tariffs on Chinese electric vehicles countered the prospect of more fiscal stimulus from Beijing.

The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) rose 0.38 percent to 785.5 yuan ($110.18) a tonne.

Benchmark iron ore for December delivery on the Singapore Exchange fell 0.29 percent to $103.55 a tonne.

The EU has decided to raise tariffs on Chinese-made electric vehicles to 45.3% at the end of its highest-profile trade investigation, raising concerns about upcoming exports that could hit domestic consumption of steel products.

China is considering approving next week the issuance of more than 10 trillion yuan of additional debt over the next few years to revive its fragile economy.

Other steelmaking components on the DCE lost ground, with coking coal and coke down 1.01 and 0.27 percent, respectively.

Steel benchmarks on the Shanghai Futures Exchange were mixed. Rebar rose 0.23%, wire rod rose 0.89%, while hot-rolled coil edged down 0.06% and stainless steel edged down 0.22%.

“We expect steel output to slow amid narrowing margins and environmental warnings in some northern regions. But steel fundamentals continue to deteriorate as demand falls due to cold weather, which will put pressure on prices,” analysts at Galaxy Futures said in a note.

Falling steel prices due to weak demand have squeezed profit margins at steelmakers. Baoshan Iron & Steel, China’s largest listed steelmaker, reported a nearly 65% ​​drop in third-quarter net profit.

Source: https://kinhtedothi.vn/gia-thep-hom-nay-31-10-tren-san-giao-dich-khong-dong-nhat.html