Steel prices in Northern Vietnam
According to SteelOnline.vn, Hoa Phat steel brand offers CB240 steel coils at 13,840 VND/kg; and D10 CB300 ribbed steel bars at 14,240 VND/kg.
Viet-Italian steel brand, CB240 coiled steel is priced at 13,940 VND/kg; D10 CB300 ribbed steel bar is priced at 14,140 VND/kg.
Viet Duc Steel, with its CB240 coiled steel at 13,840 VND/kg, and D10 CB300 ribbed steel bars at 14,290 VND/kg.
Viet Sing Steel offers CB240 steel coils at 13,700 VND/kg and D10 CB300 ribbed steel bars at 14,010 VND/kg.
VAS steel, with CB240 coiled steel at 13,800 VND/kg; D10 CB300 ribbed steel bar at 13,910 VND/kg.
Steel prices in Central Vietnam
Hoa Phat Steel, with its CB240 coiled steel at 13,890 VND/kg; and D10 CB300 ribbed steel at 14,240 VND/kg.
At Viet Duc Steel, the current price for CB240 steel coils is 14,240 VND/kg; and for D10 CB300 ribbed steel bars, it is 14,700 VND/kg.
Currently, VAS Steel offers CB240 steel coils at 14,110 VND/kg and D10 CB300 ribbed steel bars at 14,160 VND/kg.
Pomina Steel, with its CB240 coiled steel at 14,690 VND/kg; and D10 CB300 ribbed steel bars at 15,300 VND/kg.
Steel prices in Southern Vietnam
Hoa Phat Steel: CB240 steel coils are priced at 13,840 VND/kg; D10 CB300 ribbed steel bars are priced at 14,240 VND/kg.
VAS steel, CB240 coil steel, is priced at 13,800 VND/kg; D10 CB300 ribbed steel bar is priced at 13,910 VND/kg.
Pomina steel, CB240 coiled steel is priced at 14,590 VND/kg; D10 CB300 ribbed steel bar is priced at 14,990 VND/kg.
Steel prices on the exchange.
Rebar futures on the Shanghai Futures Exchange (SHFE) for June 2025 delivery fell 16 yuan to 3,523 yuan per ton.
Iron ore futures prices fell as steel producers in China, the top consumer, suffered greater losses leading to production cuts, and persistently high port inventories impacted sentiment.
The most actively traded January iron ore contract on China's Dalian Commodity Exchange (DCE) fell 0.97% to 766.5 yuan ($107.18) per ton, after rising nearly 2% on Monday.
The benchmark September iron ore price on the Singapore exchange fell 0.64% to $103.15 per ton.
Prices of key steelmaking raw materials are being affected by reduced short-term demand after several Chinese steel producers reported losses.
Analysts at Galaxy Futures said in a note: "We expect hot metal output to decline even more significantly this week as more mills are operating at a loss... and the iron ore market has not yet entered a sell-off cycle."
Average daily hot metal output from surveyed steelmakers fell 1.2% for the week ending August 2 to around 2.36 million tonnes, the lowest level since early June, while margins dropped to 6.5% from 15% the previous week, according to data from consulting firm Mysteel.
Iron ore prices reached a two-week high.
"This is a normal correction after a rapid price increase when the fundamentals are not supporting it," said Cheng Peng, an analyst at Beijing-based Sinosteel Futures.
Other steelmaking components on the DCE also declined in price, with coking coal and coke falling by 0.85% and 0.62%, respectively.
Most steel benchmarks on the Shanghai Futures Exchange declined. Rebar fell 0.65%, hot-rolled coil fell 0.28%, stainless steel fell 1.17%, while steel bars rose 0.53%.
Investors and traders are awaiting guidance from a series of key trading data releases scheduled for Wednesday.
Source: https://kinhtedothi.vn/gia-thep-hom-nay-ngay-7-8-dong-loat-giam-บน-san-giao-dich.html
