The domestic steel price has been simultaneously adjusted by enterprises to decrease from 15,860 VND/kg to 16,390 VND/kg for CB240 coil, and from 16,060 VND/kg to 16,600 VND/kg for D10 CB300 rebar. …
Previously, on November 16, steel price decreased by about 300 VND/kg, on December 7th, steel price decreased from 310 VND/kg to 460 VND/kg. Thus, after two adjustments, steel price decreased by over 700 VND/kg (depending on product and brand).
Specifically, the price of CB240 coil steel of Hoa Phat Group (HM: HPG) in the North decreased by 400 VND/kg to 16,260 VND/kg; D10 CB300 steel reduced by 310 VND/kg, priced at 16,410 VND/kg.
In the Central region, down 410 VND/kg for both of its products, currently CB240 coil line is down to 16,310 VND/kg; D10 CB300 rebar is currently priced at 16,360 VND/kg.
In the southern market, prices have also been adjusted with two of its products, including CB240 coil, down 340 VND/kg to 16,160 VND/kg; D10 CB300 rebar is currently priced at 16,260 VND/kg, down 400 VND/kg.
Similarly, Vietnam Italy Steel reduced the selling price, with CB240 coil line down 400 VND/kg, down to 16,210 VND/kg; D10 CB300 steel reduced by 410 VND/kg, currently priced at 16,310 VND/kg.
Thai Nguyen steel brand also adjusted down 410 VND/kg for CB240 coil to 16,440 VND/kg, with CB300 rebar down 450 VND/kg, to 16,600 VND/kg.
Viet Nhat Steel both of its products simultaneously decreased by 460 VND/kg, with CB240 coil line currently at 16,090 VND/kg; D10 CB300 rebar is priced at 16,190 VND/kg.
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