Construction steel price at 4,250 yuan/ton

Steel prices in the North

In the North market remained stable, with CB240 coil price ranging from 16,360 VND/kg to 16,660 VND/kg; and D10 CB300 rebar is priced from 16,660 VND/kg to 16,960 VND/kg.

Hoa Phat steel brand has been stable since November 16, with 2 products of the company including CB240 coil at VND 16,660/kg; D10 CB300 steel is priced at 16,720 VND/kg.

Similarly, Vietnam Italy Steel was stable for 17 consecutive days, with CB240 coil at 16,610 VND/kg; D10 CB300 steel has a price of 16,720 VND/kg.

Viet My Steel maintained stability, with two of its products including CB240 coil at 16,360 VND/kg and D10 CB300 rebar at 16,460 VND/kg.

Viet Duc steel brand extends a stable series of days, with CB240 steel coil currently at 16,650 VND/kg; D10 CB300 rebar is priced at 16,950 VND/kg.

Viet Sing Steel with 2 of its products is CB240 coil at 16,440 VND/kg; D10 CB300 rebar is priced at 16,650 VND/kg.

Viet Nhat Steel with CB240 coil steel line kept the price at 16,550 VND/kg; D10 CB300 rebar is priced at 16,650 VND/kg.

Steel prices in the Central region

In the central market, currently CB240 coils are priced from 16,770 VND/kg to 17,310 VND/kg; Rebar D10 CB300 ranges from 16,820 VND/kg to 17,410 VND/kg.

Hoa Phat Steel has been stable for many consecutive days, currently CB240 coil line is stable at 16,720 VND/kg. Similarly, D10 CB300 rebar reduced by 300 dong, currently priced at 16,770 dong/kg.

Viet Duc steel brand, with CB240 coil at VND 16,700/kg; D10 CB300 rebar is priced at 17,000 VND/kg.

Viet My Steel, with CB240 coil line at 16,460 VND/kg; D10 CB300 rebar is currently priced at 16,510 VND/kg.

Pomina Steel currently has CB240 coils at 16,800 VND/kg; D10 CB300 rebar is priced at 17,000 VND/kg.

Steel prices in the South

In the southern market, the current price of CB240 coil is from 16,610 VND/kg to 17,360 VND/kg; and D10 CB300 rebar is priced from 16,720 VND/kg to 17,510 VND/kg.

Hoa Phat Steel has not changed, with 2 products of the company including CB240 coil at 16,500 VND/kg; D10 CB300 rebar is currently priced at 16,600 VND/kg.

Tung Ho steel brand with 2 of its products is CB240 coil, currently at 16,340 VND/kg; and D10 CB300 rebar is priced at 16,490 VND/kg.

Viet My Steel has not changed compared to yesterday, currently two of its products are CB240 coil at 16,410 VND/kg and D10 CB300 rebar at 16,510 VND/kg.

Pomina steel with CB240 coil stabilized at 16,800 VND/kg; D10 CB300 rebar is priced at 17,000 VND/kg.

Steel price on the exchange

Steel price for delivery in May 2022 on the Shanghai trading floor increased 37 yuan compared to yesterday, to 4,250 yuan / ton.

China's coking coal and coking coal futures jumped more than 5% on Wednesday, amid supply concerns due to disruptions in coal imports from Mongolia in the wake of the coronavirus outbreak. Omicron variant.

Some border cities in China's Inner Mongolia and Heilongjiang provinces have stopped non-container rail imports of commodities including coal, iron ore, copper and zinc ore to mitigate risks amid the pandemic. disease outbreaks again.

“Imports of thermal coal from Mongolia are expected to drop significantly,” said Galaxy Futures analysts. Many traders have been bullish and may continue to rise in the near-term,” Reuters reported.

Accordingly, the May 2022 coking coal contract, the most traded on the Dalian Commodity Exchange (DCE), rose 5.3% to 1,962 yuan per tonne (equivalent to 308.38). USD/ton) in the morning session.

Similarly, coke prices also followed suit, rising 4.7% to 2,780 yuan a tonne, after rising 5% earlier in the session.

On the same day, the price of iron ore for delivery in January 2022 on DCE also increased by 2.4% to 629 yuan/ton.

On the Shanghai Futures Exchange (SHFE), the price of construction material rebar SRBcv1 jumped 2.3% to 4,238 yuan/ton.

The price of SHHCcv1 hot-rolled coil, used in the automotive and home appliance manufacturing sectors, also increased by 1.8 percent to 4,648 yuan per tonne.

At the same time, the price of stainless steel futures SHScv1 on SHFE was also traded 0.2% higher, recording 17,045 yuan/ton.

Data compiled by consulting firm SteelHome showed that on Tuesday (November 30), the spot price of 62% Fe iron ore for China inched up $0.50 to $105.5/ton.

Else rupees/ton, effective immediately.

In a regulatory filing, the company said it has adjusted the price of lump ore ore to a level of Rs 5,200 a tonne. Meanwhile, the price of lump ore ore of low grade is fixed at Rs 4,560/ton.

According to PTI, iron ore is the main raw material for steel production. Its price changes can directly affect steel prices.

Economy & Urbanism