weak seasonal demand

Rebar prices on the Shanghai Futures Exchange edged down.

Steel prices in the North

According to SteelOnline.vn, Hoa Phat steel brand, with CB240 rolled steel line at 13,840 VND/kg; D10 CB300 ribbed steel bar is priced at 14,240 VND/kg.

Viet Y Steel brand, CB240 rolled steel line is priced at 13,940 VND/kg; D10 CB300 ribbed steel bar is priced at 14,140 VND/kg.

Viet Duc Steel, with CB240 coil steel line stopping at 13,840 VND/kg, D10 CB300 ribbed steel bar priced at 14,290 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 13,800 VND/kg; D10 CB300 ribbed steel bar is priced at 13,910 VND/kg.

Steel prices in the Central region

Hoa Phat Steel, with CB240 coil steel down to 13,890 VND/kg; D10 CB300 ribbed steel bar priced at 14,240 VND/kg.

Viet Duc Steel, currently CB240 coil steel is at 14,240 VND/kg; D10 CB300 ribbed steel is priced at 14,700 VND/kg.

VAS Steel currently sells CB240 coil steel at 14,110 VND/kg; D10 CB300 ribbed steel is priced at 14,160 VND/kg.

Pomina steel, with CB240 coil steel line at 14,690 VND/kg; D10 CB300 ribbed steel bar is priced at 15,300 VND/kg.

Steel prices in the South

Hoa Phat Steel, CB240 rolled steel is at 13,840 VND/kg; D10 CB300 ribbed steel is priced at 14,240 VND/kg.

VAS steel, CB240 coil steel line is at 13,800 VND/kg; D10 CB300 ribbed steel bar is priced at 13,910 VND/kg.

Pomina steel, CB240 coil steel line is at 14,590 VND/kg; D10 CB300 ribbed steel bar is priced at 14,990 VND/kg.

Steel prices on the exchange

Rebar on the Shanghai Futures Exchange (SHFE) for July 2025 delivery fell 6 yuan to 3,630 yuan/t.

The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) fell 0.19 percent to 804.5 yuan ($110.72) a tonne, down 2.54 percent from Friday's close.

The contract hit an intraday low of 792.5 yuan, its lowest since June 26.

Benchmark iron ore for August delivery on the Singapore Exchange fell 0.99% to $104.45 a tonne. It fell 2.33% from the previous week, the steepest weekly decline since June 7.

Most benchmark steel prices on the Shanghai Futures Exchange edged up slightly. Hot-rolled coil and stainless steel both rose about 0.1%, while rebar fell 0.25%.

Seasonal land sales are at multi-year lows, suggesting a weak steel demand outlook, while China's iron ore inventories are at multi-year highs, signaling weak demand and strong supply, ANZ analysts said.

Rising port inventories remain a headwind, with total inventories at 45 major Chinese ports hitting a new high since mid-April 2022, up 0.9% from the previous week to 151.3 million tonnes as of July 18, data from consultancy Mysteel showed.

Iron ore also fell after China's conference failed to signal any major policy changes amid weak economic data, ANZ analysts added.

Source: https://kinhtedothi.vn/gia-thep-hom-nay-ngay-22-7-giam-nhu-cau-theo-mua-yeu.html