Steel prices in the North

According to SteelOnline.vn, Hoa Phat steel brand, with CB240 rolled steel line at 13,640 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 stopping at 13,580 VND/kg, D10 CB300 ribbed steel bar priced at 13,890 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 13,600 VND/kg; D10 CB300 ribbed steel bar is priced at 13,750 VND/kg.

Steel prices in the Central region

Hoa Phat Steel, with CB240 coil steel down to 13,640 VND/kg; D10 CB300 ribbed steel bar priced at 13,840 VND/kg.

Viet Duc Steel, currently CB240 coil steel is at 13,990 VND/kg; D10 CB300 ribbed steel is priced at 14,290 VND/kg.

VAS Steel currently sells CB240 coil steel at 14,010 VND/kg; D10 CB300 ribbed steel is priced at 13,960 VND/kg.

Pomina steel, with CB240 coil steel line at 14,280 VND/kg; D10 CB300 ribbed steel bar is priced at 14,480 VND/kg.

Steel prices in the South

Hoa Phat Steel, CB240 rolled steel is at 13,640 VND/kg; D10 CB300 ribbed steel is priced at 13,840 VND/kg.

VAS steel, CB240 coil steel line is at 13,600 VND/kg; D10 CB300 ribbed steel bar is priced at 13,700 VND/kg.

Pomina steel, CB240 coil steel line is at 14,080 VND/kg; D10 CB300 ribbed steel bar is priced at 14,380 VND/kg.

Steel prices on the exchange

Rebar on the Shanghai Futures Exchange (SHFE) for May 2025 delivery fell 52 yuan to 3,331 yuan/t.

Iron ore futures fell for a second straight session, as weak demand amid steel output cuts in top consumer China offset support from some loss-making activity.

The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 fell 0.41% to 731.5 yuan ($101.88) a tonne, after rising more than 1% earlier in the session.

Benchmark September iron ore SZZFU4 on the Singapore Exchange fell 0.25 percent to $98.75 a tonne, after hitting a high of $101.5 earlier in the session.

As of Monday, 79 steelmakers had launched equipment maintenance, up from 41 at the end of July, as profits fell, analysts at consultancy Mysteel said in a note.

Coking coal DJMcv1 and coking coal DCJcv1, other steelmaking ingredients on the DCE, fell 3.19% and 3.13%, respectively.

Steel benchmarks on the Shanghai Futures Exchange continued to decline. Rebar SRBcv1 fell 1.73%, hot-rolled coil SHHCcv1 fell 1.62%, rebar SWRcv1 fell 0.59%, and stainless steel SHSScv1 fell 0.62%.

“The steel market remains under pressure from the transition to new rebar standards, overseas anti-dumping investigations as well as signs of weakness in the manufacturing sector and export markets,” analysts at Galaxy Futures said in a note.