surge on the stock exchange

Most steel benchmarks on the Shanghai Futures Exchange edged higher.

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 34 yuan to 3,517 yuan/t.

Iron ore futures rebounded as Donald Trump’s victory in the US presidential election raised hopes that top consumer China will announce more stimulus measures this week to offset any negative impact of a potentially wider trade war.

The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 was up 1.15% at 792 yuan ($110.42) a tonne.

The benchmark December iron ore contract SZZFZ4 on the Singapore Exchange rose 0.44% to $104.4 a tonne.

"If a strong fiscal stimulus policy is implemented, along with the realization of infrastructure and additional funding before the end of the year, the short-term stimulus policy and slightly improved fundamentals are expected to resonate, supporting prices," analysts at Jinrui Futures said in a note.

China’s iron ore imports rose 4.48% in October, official data showed, as steelmakers’ profit margins improved, as Beijing’s massive economic stimulus package spurred more buying.

Other steelmaking components on the DCE fell, with coking coal DJMcv1 and coke DCJcv1 down 0.3% and 0.48%, respectively.

Most steel benchmarks on the Shanghai Futures Exchange edged higher. Rebar SRBcv1 rose 0.15%, hot-rolled coil SHHCcv1 rose 0.2%, wire rod SWRcv1 edged up 0.11%, while stainless steel SHHScv1 fell 0.41%.

Source: https://kinhtedothi.vn/gia-thep-hom-nay-8-11-tang-manh-tren-san-giao-dich.html