Steel price today, July 11, dropped to 3,471 Yuan/ton

Hot-rolled coil on the SHFE fell to a low of 3,680 yuan/t.

Steel prices in the North

According to SteelOnline.vn, Hoa Phat steel brand, with CB240 coil steel line at 13,840 VND/kg; D10 CB300 ribbed steel bar is priced at 14,240 VND/kg.

Viet Y steel brand, CB240 steel coil line is at 13,940 VND/kg; D10 CB300 ribbed steel bar is priced at 14,140 VND/kg.

Viet Duc Steel, with CB240 coil steel line stopping at 13,840 VND/kg, D10 CB300 ribbed steel bar priced at 14,290 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 13,800 VND/kg; D10 CB300 ribbed steel bar is priced at 13,910 VND/kg.

Steel prices in the Central region

Hoa Phat Steel, with CB240 coil steel down to 13,890 VND/kg; D10 CB300 ribbed steel bar priced at 14,240 VND/kg.

Viet Duc Steel, currently CB240 coil steel is at 14,240 VND/kg; D10 CB300 ribbed steel bar is priced at 14,700 VND/kg.

VAS Steel currently sells CB240 coil steel at 14,110 VND/kg; D10 CB300 ribbed steel bar is priced at 14,160 VND/kg.

Pomina steel, with CB240 coil steel line at 14,690 VND/kg; D10 CB300 ribbed steel bar is priced at 15,300 VND/kg.

Steel prices in the South

Hoa Phat Steel, CB240 rolled steel is at 13,840 VND/kg; D10 CB300 ribbed steel is priced at 14,240 VND/kg.

VAS steel, CB240 coil steel line is at 13,800 VND/kg; D10 CB300 ribbed steel bar is priced at 13,910 VND/kg.

Pomina steel, CB240 coil steel line is at 14,590 VND/kg; D10 CB300 ribbed steel bar is priced at 14,990 VND/kg.

Steel prices on the exchange

Rebar on the Shanghai Futures Exchange (SHFE) fell 1.1% to 3,471 yuan a tonne, its lowest since April 8. The contract closed down 0.9% at 3,478 yuan.

The latest data from China shows domestic demand continues to recover at a slow pace, with construction data showing a double-digit decline in the first five months of the year.

SHFE hot-rolled coil fell to a low of 3,680 yuan a tonne, also a level not seen since April 8. It closed down 0.7% at 3,681 yuan.

SHFE wire rod fell 0.8% to 3,660 yuan/t and stainless steel fell 1.4% to 13,930 yuan/t.

The most-traded iron ore for September delivery on China's Dalian Commodity Exchange (DCE) fell 1.8% to 813 yuan a tonne, while the benchmark August iron ore contract on the Singapore Exchange fell 3.4% to $107.70 a tonne.

DCE coking coal fell 2% to 1,531 yuan/tonne and coke fell 1.1% to 2,215 yuan/tonne.

Source: https://kinhtedothi.vn/gia-thep-hom-nay-ngay-11-7-giam-1-1-xuong-3-471-nhan-dan-te-tan.html