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 bar 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 May 2025 delivery rose 47 yuan to 3,509 yuan/t.
Iron ore futures in Dalian edged lower, as market participants weighed weak economic data from top consumer China against hopes for further monetary stimulus measures following a key Politburo meeting.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 fell 0.13 percent to 768 yuan ($106.28) a tonne.
However, the benchmark September iron ore price SZZFU4 on the Singapore Exchange rose 1.57% to $100.65/t.
China's leaders have signaled that the stimulus needed to hit this year's economic growth target will be consumer-driven, a departure from their usual strategy of pouring money into infrastructure projects.
Cameron Law, commodities analyst at Navigate Commodities, said the government’s move to stimulate consumer spending is providing temporary support to China’s industrial metals complex, as China and iron bulls have been “itching” for broad-based stimulus measures following China’s previous third plenary session.
“That said, we remain highly sceptical of any long-term contribution of these policies to a significant improvement in domestic steel and iron ore consumption, given the structural problems in China’s construction and real estate sectors,” Law added.
China's manufacturing activity contracted for a third month in July while non-manufacturing activity expanded more slowly, pointing to job losses and slowing domestic demand, adding to a years-long crisis in the property sector.
Other steelmaking components on the DCE were mixed, with coking coal DJMcv1 up 0.03%, while coking coal DCJcv1 fell around 0.5%.
Most steel benchmarks on the Shanghai Futures Exchange traded higher. Stainless steel SHHScv1 rose about 0.8%, wire rod SWRcv1 rose 0.75%, while hot-rolled coil SHHCcv1 fell 0.26% and rebar SRBcv1 fell 0.54%.
Source: https://kinhtedothi.vn/gia-thep-hom-nay-1-8-lay-lai-da-phuc-hoi-tren-san-giao-dich.html
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