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 rose 4 yuan to 3,549 yuan per ton.
Iron ore futures prices hit a two-week high, driven by improved prospects for the Chinese economy following strong services data and expectations of continued stimulus from the world's largest consumer.
The most actively traded September iron ore contract on China's Dalian Commodity Exchange (DCE) rose 1.97% to 776.5 yuan ($108.69) per ton.
The price reached a high of 788.5 yuan during the day, the highest level since July 22nd.
The benchmark September iron ore contract on the Singapore exchange rose 0.76% to $104.6 per ton, its highest level since July 22.
Growth in China's services activity accelerated in July, expanding for the 19th consecutive month, a private sector survey showed on Monday.
The Caixin/S&P composite PMI, which tracks both the services and manufacturing sectors, declined in June but remains in expansionary territory, and employment increased at its fastest pace in 11 months, the survey showed.
Meanwhile, China's State Council issued a communiqué on Saturday to promote the "development of high-quality service consumption."
This document lists measures to "boost the vitality" of domestic consumption, including improving the quality of products and services, and providing financial support for consumption such as tax deductions and credit assistance.
With domestic demand being one of the biggest drags on the Chinese economy this year, this is a good sign that policies are taking effect to support consumption, although the market can still hope for larger-scale demand-side support policies such as consumer coupons, ING analysts said in a note.
The steel market is expected to rebound this week, as increased stimulus efforts boosted market confidence last week and demand for construction materials is expected to recover, according to Hexun Futures, a financial information site specializing in futures.
Steel benchmarks on the Shanghai Futures Exchange were stronger. Rebar rose about 1.5%, hot-rolled coil increased 0.74%, rebar gained about 0.4%, and stainless steel rose about 0.1%.
Other steelmaking components on the DCE rose in price, with coking coal and coke increasing by 0.25% and 0.35%, respectively.
Source: https://kinhtedothi.vn/gia-thep-hom-nay-6-8-tang-tro-lai-tren-san-giao-dich.html
