Steel prices on November 23, 2023: Domestic steel adjusts selling prices for some brands.

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Date Submitted: 24/11/2023 03:17 PM

 As recorded last week. Domestic steel prices are continuously adjusted upward. The domestic construction market is making positive progress when many investors around the world such as China, Taiwan, USA, UK, Sweden, Russia and India are investing heavily in Vietnam. Male. Many factories have been started construction on a large scale. Purchasing power of steel products is likely to increase in the second half of 2023.

    Steel prices decreased by 29 yuan on the exchange

    Steel price on November 23, delivered in January 2024 on the Shanghai Exchange, decreased by 29 yuan, recording at 3,990 yuan/ton.

    Domestic steel adjusts selling prices for some brands

    Steel prices on November 23 recorded that some domestic steel brands adjusted their selling prices. Specifically, the price of CB240 steel coil in the Northern region was adjusted to increase by 150 - 210 VND/kg in Hoa Phat, Viet Nhat and Viet Sing. Viet Duc brand adjusted the price of CB240 steel coil by 190 VND/kg. D10 CB300 rebar steel price reduced by 40 VND/kg in Viet Duc. Meanwhile, Hoa Phat, Viet Y and Viet Nhat all increased by 150 VND/kg.

    Note that some domestic steel brands adjusted their selling prices

    The Central region recorded a decrease in CB240 steel coil price of 200 VND/kg at Viet Duc brand, while Pomina and Hoa Phat increased by 110 VND/kg and 360 VND/kg. The price of rebar steel D10 CB300 recorded an increase of 100 - 410 VND/kg at the surveyed brands.

    Steel price today November 23, 2023: Reduced by 29 yuan on the exchange. Domestic steel adjusts selling prices for some brands.

    Steel prices decreased by 29 yuan on the exchange

    Today's steel price for delivery in January 2024 on the Shanghai Exchange decreased by 29 yuan, recorded at 3,990 yuan/ton.

    Domestic steel adjusts selling prices for some brands

    Steel prices today recorded that some domestic steel brands adjusted their selling prices. Specifically, the price of CB240 steel coil in the Northern region was adjusted to increase by 150 - 210 VND/kg in Hoa Phat, Viet Nhat and Viet Sing. Viet Duc brand adjusted the price of CB240 steel coil by 190 VND/kg. D10 CB300 rebar steel price reduced by 40 VND/kg in Viet Duc. Meanwhile, Hoa Phat, Viet Y and Viet Nhat all increased by 150 VND/kg.

    Record steel prices on the trading market

     

    The Central region recorded a decrease in CB240 steel coil price of 200 VND/kg at Viet Duc brand, while Pomina and Hoa Phat increased by 110 VND/kg and 360 VND/kg. The price of rebar steel D10 CB300 recorded an increase of 100 - 410 VND/kg at the surveyed brands.

    In the South, CB240 steel coil prices at Pomina and Hoa Phat increased by 200 VND/kg and 260 VND/kg respectively. D10 CB300 rebar steel price increased by 300 VND/kg and 310 VND/kg at Hoa Phat and Pomina.

    Thus, after the new adjustment, today's steel price in the domestic market is as follows:

    Steel prices in the North

    • Hoa Phat Steel, CB240 steel coil price is at 13,580 VND/kg and D10 CB300 rebar steel price is at 13,890 VND/kg.
    • Vietnam Italy Steel has the price of CB240 steel coil at 13,430 VND/kg and the price of D10 CB300 rebar steel bar at 13,840 VND/kg.
    • Viet Duc Steel, the selling price of CB240 steel coil is currently at 13,240 VND/kg and the price of D10 CB300 rebar steel bar is at 13,850 VND/kg.
    • Viet Sing Steel keeps the steel price unchanged compared to before: CB240 rolled steel at 13,400 VND/kg and D10 CB300 rebar steel at 13,800 VND/kg.
    • Viet Nhat Steel, CB240 steel coil price is at 13,650 VND/kg. The price of D10 CB300 rebar steel of the same brand is currently at 13,800 VND/kg.

    Steel prices in the Central region

    • Hoa Phat Steel in the Central region has the price of CB240 steel coil at 13,790 VND/kg and the price of D10 CB300 rebar steel bar at 13,990 VND/kg.
    • Viet Duc Steel also maintained the price of CB240 steel coil at 13,640 VND/kg and the price of D10 CB300 rebar steel bar at 14,240 VND/kg.
    • Pomina steel is priced as follows: CB240 steel coil at 14,590 VND/kg and D10 CB300 rebar steel at 14,790 VND/kg.

    Steel prices in the South

    • In the South, the price of Hoa Phat's CB240 steel coil is at 13,690 VND/kg and the price of D10 CB300 rebar steel bar is at 14,090 VND/kg.
    • Pomina brand also has CB240 steel coil price at 14,480 VND/kg and D10 CB300 rebar steel price at 14,690 VND/kg.

     

    According to Industry and Trade Newspaper



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