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 May 2025 delivery rose 57 yuan to 3,440 yuan/t.
Dalian iron ore futures fell on Tuesday due to more abundant supplies of the steelmaking raw material and a bleaker outlook for the global steel market.
The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 rose 1.39% to 746.5 yuan ($104.91) a tonne.
However, the benchmark November iron ore price SZZFX4 on the Singapore Exchange rose 0.14% to $98.85 a tonne.
Production reports from major miners show they have overcome supply disruptions to increase output in recent months, while steel output is falling, ANZ analysts said in a note.
Australia's Fortescue, the world's fourth-largest iron ore miner, posted a 4% rise in first-quarter iron ore shipments on Thursday but recorded a fall in realized prices.
The figures follow higher-than-expected output estimates from other top miners, including BHP, and come at a time when rivals such as Vale and Rio Tinto are moving to expand supply.
China's crude steel output fell to 77.1 million tonnes in September, down 6.1% month-on-month and 3.1% year-on-year, data from the World Steel Association showed.
Japan's crude steel output in September fell 3.6% from August and 5.8% from a year earlier, data from the Japan Iron and Steel Federation showed.
Unless Japanese output picks up in the coming months, total output for the current fiscal year ending next March could fall to a four-year low, according to consultancy Mysteel.
There is likely to be less support for iron ore once the Chinese stimulus announcements end, Westpac analysts said.
Other steelmaking components on the DCE were weaker, with coking coal DJMcv1 and coke DCJcv1 down 0.97% and 1.8% respectively.
Steel benchmarks on the Shanghai Futures Exchange fell. Rebar SRBcv1 fell 0.57%, hot-rolled coil SHHCcv1 fell 0.63%, while rebar SWRcv1 and stainless steel SHSScv1 fell nearly 1.0%.
Source: https://kinhtedothi.vn/gia-thep-hom-nay-25-10-giam-do-nguon-cung-tang.html
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