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 May 2025 delivery rose 1 yuan to 3,364 yuan/t.
Benchmark steel futures on the Shanghai Futures Exchange traded mixed. Rebar rose 0.21% and hot-rolled coil rose nearly 0.3%, while bar and stainless steel fell 1.67% and 1.85%, respectively.
Dalian iron ore futures were steady as traders weighed concerns about falling supply and slowing steel demand against improving market sentiment in top consumer China.
The most-traded iron ore contract for May on China's Dalian Commodity Exchange (DCE) remained unchanged at 799.5 yuan ($109.29) a tonne.
Benchmark iron ore for February delivery on the Singapore Exchange fell 0.44% to $103.4 a tonne.
China’s Galaxy Futures consultancy said steel inventories were low and demand for raw materials was similarly low. Steel demand in the real estate sector is expected to shrink.
China's total investment in real estate development is set to fall by 10.6% in 2024 from 2023, Chinese consultancy Lange Steel said, citing data from the National Bureau of Statistics.
However, Country Garden, once China's largest property developer, is expected to reach terms with creditors next month.
The developer defaulted on its $11 billion foreign bond obligation at the end of 2023, deepening the debt crisis in the real estate sector.
Meanwhile, customs data last week showed iron ore imports remained at 100 tonnes as China’s recent stimulus measures boosted the outlook, ANZ analysts said.
China's economy ended 2024 with annual growth of 5%, supported by a series of stimulus measures, meeting government targets and beating market forecasts.
Other steelmaking components on the DCE fell, with coking coal down 2.69% and 2.65% respectively.
Source: https://kinhtedothi.vn/gia-thep-hom-nay-21-january-giao-dich-trai-chieu-tren-san-giao-dich.html
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