Vietnam.vn - Nền tảng quảng bá Việt Nam

eased on trade tensions worries

Báo Kinh tế và Đô thịBáo Kinh tế và Đô thị06/02/2025


Rebar futures on the Shanghai Futures Exchange fell.
Rebar futures on the Shanghai Futures Exchange fell.
Steel prices in the North

According to SteelOnline.vn, Hoa Phat steel brand, with CB240 rolled steel line at 13,690 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 at 13,640 VND/kg, D10 CB300 ribbed steel bar is priced at 13,840 VND/kg.

Viet Sing Steel, with CB240 coil steel priced at 13,600 VND/kg; D10 CB300 ribbed steel bar priced at 13,800 VND/kg.

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

Steel prices in the Central region

Hoa Phat Steel, with CB240 coil steel line at 13,690 VND/kg; D10 CB300 ribbed steel bar is priced at 13,840 VND/kg.

Viet Duc Steel, currently CB240 coil steel is at 13,940 VND/kg; D10 CB300 ribbed steel is priced at 14,340 VND/kg.

VAS Steel currently sells CB240 coil steel at 13,910 VND/kg; D10 CB300 ribbed steel bar is priced at 13,960 VND/kg.

Steel prices in the South

Hoa Phat Steel, CB240 rolled steel is at 13,690 VND/kg; D10 CB300 ribbed steel is priced at 13,840 VND/kg.

VAS steel, CB240 coil steel line is at 13,700 VND/kg; D10 CB300 ribbed steel bar is priced at 13,800 VND/kg.

Steel prices on the exchange

Rebar on the Shanghai Futures Exchange (SHFE) for October 2025 delivery fell 9 yuan to 3,370 yuan/t.

Iron ore futures were hit this week as rising US-China trade tensions and signs of slowing Chinese growth stoked market concerns, sending prices sharply lower on major exchanges.

Iron ore futures on China’s Dalian Commodity Exchange (DCE) and the Singapore Exchange fell, reflecting growing anxiety over the US-China tariff war.

DCE iron ore futures fell after opening higher, swinging lower throughout the day. The most-traded May contract finally closed at 801 yuan/t, down 0.99%.

The US government’s 10% tariff on Chinese imports has led to immediate retaliation in the form of Chinese tariffs on goods, straining global trade. Analysts at ANZ warn that these tensions, combined with slowing factory and service activity in China, could dent demand for iron ore and related commodities.

The market is also worried about China’s 15% tariff on US coal, adding to pressure on the vital steel industry. Meanwhile, logistical problems caused by storms in Western Australia are hampering Rio Tinto’s shipments, exacerbating global supply challenges.

Renewed trade tensions are spreading across global markets, particularly affecting steel-related commodities. As tariffs shake up international trade, investors should brace for potential commodity price volatility and monitor sectors sensitive to trade policies.

The ongoing operational disruption Rio Tinto faces due to the storms adds another layer of uncertainty, with potential spillover effects on the supply chain.

This scenario highlights the broader implications of the trade war and economic slowdown. With China’s economic engine showing signs of strain, international markets could face broader repercussions that could impact global economic strategies.



Source: https://kinhtedothi.vn/gia-thep-hom-nay-6-2-giam-nhe-do-lo-lang-ve-cang-thang-thuong-mai.html

Comment (0)

No data
No data

Same tag

Same category

Spectacular start of Vietnamese film market in 2025
Phan Dinh Tung releases new song before concert 'Anh trai vu ngan cong gai'
Hue National Tourism Year - 2025 with the theme "Hue - Ancient Capital - New Opportunities"
Army determined to practice parade 'most evenly, best, most beautiful'

Same author

Heritage

Figure

Business

No videos available

News

Political System

Local

Product