Steel prices in the North
According to SteelOnline.vn, Hoa Phat steel brand, with CB240 rolled steel line at 13,480 VND/kg; D10 CB300 ribbed steel bar is priced at 13,580 VND/kg.
Viet Y steel brand, CB240 rolled steel line is priced at 13,580 VND/kg; D10 CB300 ribbed steel bar is priced at 13,690 VND/kg.
Viet Duc Steel, with CB240 coil steel line at 13,430 VND/kg, D10 CB300 ribbed steel bar is priced at 13,740 VND/kg.
Viet Sing Steel, with CB240 coil steel, is priced at VND13,430/kg; D10 CB300 ribbed steel is priced at VND13,640/kg.
VAS steel, with CB240 coil steel line at 13,330 VND/kg; D10 CB300 ribbed steel bar is priced at 13,380 VND/kg.
Steel prices in the Central region
Hoa Phat Steel, with CB240 coil steel line, is at 13,530 VND/kg; D10 CB300 ribbed steel bar is priced at 13,640 VND/kg.
Viet Duc Steel, currently CB240 coil steel is at 13,840 VND/kg; D10 CB300 ribbed steel is priced at 14,140 VND/kg.
VAS steel, CB240 coil steel line is at 13,740 VND/kg; D10 CB300 ribbed steel bar is priced at 13,790 VND/kg.
Steel prices in the South
Hoa Phat Steel, CB240 rolled steel, at 13,690 VND/kg; D10 CB300 ribbed steel is priced at 13,840 VND/kg.
VAS steel, CB240 coil steel line is at 13,380 VND/kg; D10 CB300 ribbed steel bar is priced at 13,480 VND/kg.
Steel prices on the exchange
Rebar on the Shanghai Futures Exchange (SHFE) for October 2025 delivery fell 3 yuan to 3,330 yuan/t.
Iron ore futures fell, pressured by tariffs between the United States and top metals consumer China, overshadowing optimism about improving Chinese steel demand.
The most-traded iron ore contract for May delivery on China's Dalian Commodity Exchange (DCE) closed down 1.34% at 771 yuan ($106.18) a tonne.
Benchmark iron ore for April delivery on the Singapore Exchange fell 1.42% to $99.4 a tonne.
US President Donald Trump doubled tariffs on Chinese goods to 20% effective Tuesday, prompting Beijing to quickly retaliate and raising concerns of a trade war.
Beijing has raised import tariffs on $21 billion worth of US agricultural and food products, suspended soybean import licenses for three US companies and stopped imports of logs.
“Sentiment was also affected by the prospect of further tariffs,” ANZ analysts said. US tariffs on steel and aluminium are set to take effect on March 12.
China unlocked more fiscal stimulus on Wednesday, pledging to do more to support consumption and cushion the impact of an escalating trade war with the United States, with specific measures including a significant expansion of Beijing’s bartering program launched last year.
China has said it will restructure its giant steel industry through output cuts, although it has not announced any targets in its latest intervention to tackle overcapacity in the sector.
“Both supply and demand for imported iron ore in China are expected to strengthen in March, typically a month when domestic steel consumption is strong. This will help to keep prices of the steelmaking material firm,” said Chinese consultancy Mysteel.
Most steel benchmarks on the Shanghai Futures Exchange fell. Rebar fell 0.7%, hot-rolled coil fell 0.56%, wire rod fell nearly 0.8%, while stainless steel edged up a modest 0.38%.
Other steelmaking components on the DCE all fell, with coking coal losing 3.32% and 2.66% respectively.
Source: https://kinhtedothi.vn/gia-thep-hom-nay-6-3-tren-san-giao-dich-tiep-tuc-giam.html
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