Steel prices in the North
According to SteelOnline.vn, Hoa Phat steel brand, with CB240 rolled steel line at 14,090 VND/kg; D10 CB300 ribbed steel bar is priced at 14,440 VND/kg.
Viet Y Steel brand, CB240 rolled steel line is priced at 14,240 VND/kg; D10 CB300 ribbed steel bar is priced at 14,340 VND/kg.
Viet Duc Steel, with CB240 coil steel line at 14,240 VND/kg, D10 CB300 ribbed steel bar is priced at 14,590 VND/kg.
Viet Sing Steel, with CB240 coil steel priced at 14,010 VND/kg, D10 CB300 ribbed steel remains at 14,210 VND/kg.
VAS steel, with CB240 coil steel line at 14,310 VND/kg; D10 CB300 ribbed steel bar is priced at 14,310 VND/kg.
Steel prices in the Central region
Hoa Phat Steel, with CB240 coil steel line at 14,140 VND/kg; D10 CB300 ribbed steel bar is priced at 14,440 VND/kg.
Viet Duc Steel, currently CB240 coil steel is at 14,750 VND/kg; D10 CB300 ribbed steel is priced at 15,000 VND/kg.
VAS steel, currently CB240 coil steel is at 14,410 VND/kg; D10 CB300 ribbed steel is priced at 14,260 VND/kg.
Pomina steel, with CB240 coil steel line at 14,940 VND/kg; D10 CB300 ribbed steel bar is priced at 15,200 VND/kg.
Steel prices in the South
Hoa Phat Steel, CB240 rolled steel is at 14,140 VND/kg; D10 CB300 ribbed steel is priced at 14,440 VND/kg.
VAS steel, CB240 coil steel line is at 14,310 VND/kg; D10 CB300 ribbed steel bar is priced at 14,210 VND/kg.
Pomina steel, CB240 coil steel line is at 14,790 VND/kg; D10 CB300 ribbed steel bar is priced at 14,990 VND/kg.
Steel prices on the exchange
Shanghai Futures Exchange (SHFE) for May 2025 delivery rose 5 yuan to 3,710 yuan/tonne.
Iron ore futures edged higher on some profit-taking following market talks over steel output controls in the southern province of Fujian in top consumer China.
The most-traded iron ore contract for September on China's Dalian Commodity Exchange (DCE) DCIOcv1 was up 1.59% at 831.5 yuan ($114.60) a tonne.
Benchmark iron ore for July delivery on the Singapore Exchange rose 2.76% to $108.1 a tonne.
Talks have spread that Fujian authorities held a meeting on Monday with local steelmakers to discuss details of this year's output curbs, requiring local state-owned producers not to exceed 85% of their approved steel capacity before the meeting.
Data from the National Bureau of Statistics showed that crude steel output in Fujian province increased 6.5% year-on-year to about 34.06 million tonnes in 2023, accounting for 3.3% of the country's total.
“The news about the crude steel controls has been priced in, so some traders have closed some short positions after the latest talks,” said a trader based in northern China who asked not to be named because he was not authorized to speak to the media.
While higher-than-expected hot metal output supported ore prices last Friday, analysts at Huatai Futures believe further upside will be limited amid a seasonal slowdown in steel demand.
Other steelmaking components on the DCE edged lower, with coking coal DJMcv1 and coke DCJcv1 down 0.15% and 0.02%, respectively.
Steel futures prices on the Shanghai Futures Exchange rose. Rebar SRBcv1 rose 0.66%, hot-rolled coil SHHCcv1 rose 0.63%, rebar SWRcv1 rose 0.34%, and stainless steel SHSScv1 rose 0.14%.
Source: https://kinhtedothi.vn/gia-thep-hom-nay-19-6-san-giao-dich-tuong-lai-thuong-hai-tiep-tuc-tang.html
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