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recorded a rebound

Báo Kinh tế và Đô thịBáo Kinh tế và Đô thị12/09/2024


Most steel benchmarks on the Shanghai Futures Exchange posted gains.
Most steel benchmarks on the Shanghai Futures Exchange posted gains.
Steel prices in the North

According to SteelOnline.vn, Hoa Phat steel brand, with CB240 coil steel line at 13,640 VND/kg; D10 CB300 ribbed steel bar is priced at 13,840 VND/kg.

Viet Y steel brand, CB240 steel coil line is 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 bar is priced at 13,960 VND/kg.

Pomina steel, with CB240 coil steel line at 14,280 VND/kg; D10 CB300 rebar steel 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 rebar steel is priced at 14,380 VND/kg.

Steel prices on the exchange

Rebar on the Shanghai Futures Exchange (SHFE) for June 2025 delivery rose 50 yuan to 3,165 yuan a tonne.

Iron ore futures were mixed, as traders weighed concerns about China's steel demand outlook following the country's latest batch of trade data against lower global supplies.

The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 was trading 0.36% lower at 684 yuan ($96.12) a tonne.

However, the benchmark October iron ore SZZFV4 on the Singapore Exchange rose 1.52% to $92.0 a tonne.

China's exports rose at the fastest pace in nearly 1 1/2 years in August, suggesting manufacturers were rushing to make orders ahead of tariffs from a growing number of trading partners, while imports disappointed amid weak domestic demand.

The mixed trade data highlights the challenge Beijing faces as policymakers try to boost overall growth without relying too much on exports, especially when consumer purse strings are tightening.

Imports into China were seasonally weaker in August as processors faced sluggish economic activity, ANZ analysts said in a note. However, demand may be improving as industries ramp up operations ahead of the winter in the north. Strong steel exports continue to offset some weakness in the steel industry, which is struggling with thin profit margins.

Customs data showed the top consumer's iron ore imports in August fell 1.38 percent from July and 4.73 percent year-on-year, as falling steel prices and a gloomy demand outlook dampened buyer appetite.

Meanwhile, iron ore shipments to global destinations from 19 ports and 16 miners in Australia and Brazil broke a three-week high, falling 10.8% week-on-week in the September 2-8 period, data from consultancy Mysteel showed.

Other steelmaking components on the DCE were mixed, with coking coal DJMcv1 down 0.97%, while coking coal DCJcv1 gained 0.28%.

Most steel benchmarks on the Shanghai Futures Exchange posted gains. Rebar SRBcv1 rose about 0.7%, wire rod SWRcv1 rose 0.56%, hot-rolled coil SHHCcv1 rose 0.45%, while stainless steel SHSScv1 fell nearly 0.8%.



Source: https://kinhtedothi.vn/gia-thep-hom-nay-12-9-ghi-nhan-muc-tang-tro-lai.html

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