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 19 yuan to 3,307 yuan/t.

Dalian iron ore futures posted a weekly decline, although they snapped a nine-session losing streak, pressured by reports of steel output cuts in China.

The most-traded iron ore contract for May delivery on China’s Dalian Commodity Exchange (DCE) rose 0.19% to 774 yuan ($106.81) a tonne. The contract has fallen 3.49% this week.

Benchmark iron ore for April delivery on the Singapore Exchange edged up 0.04% to $100.40 a tonne, down 1.99% this week.

Beijing's efforts to support economic growth have boosted sentiment in commodity markets, ANZ analysts said.

China unlocked more fiscal stimulus measures on Wednesday, pledging to do more to support consumption and boost domestic demand.

Chinese officials on Thursday left open the possibility of additional stimulus measures beyond those announced at this week's annual parliamentary meeting if economic growth derails.

The moves follow fresh trade measures, with the US imposing an additional 10% tariff on Chinese goods on Tuesday, bringing the total to 20% and prompting Beijing to retaliate.

Meanwhile, Hexun Futures said steel production cuts in China could increase iron ore supply, adding pressure on ore prices.

China will restructure its giant steel industry through output cuts, although it did not announce any targets in its latest intervention to tackle overcapacity in the sector.

However, China's iron ore imports in the first two months of 2025 fell 8.4% year-on-year, constrained by weather-related supply disruptions in major producer Australia.

Other steelmaking components on the DCE rose, with coking coal up 1.79% and 1.1% respectively.

Most steel benchmarks on the Shanghai Futures Exchange fell. Rebar fell 0.67 percent, hot-rolled coil fell 0.85 percent and wire rod fell 0.14 percent. Stainless steel rose 0.34 percent.