[SMM Steel] Vietnam steel stable, Shanghai rebar dips amid cautious demand sentiment

Published: Apr 13, 2026 14:11

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[SMM Steel] Vietnam’s construction steel prices remained stable at 14,700–15,430 VND/kg on April 13, with Hoa Phat Group holding CB240 and D10 CB300 at 15,430 VND/kg, while other mills maintained unchanged offers. Trading remained cautious with balanced supply-demand. Meanwhile, rebar futures in Shanghai fell 0.5% to 3,055 yuan/t, reflecting weaker demand expectations. Iron ore showed mixed trends, with Dalian prices steady at 776 yuan/t and Singapore prices slightly up to $104/t. In the short term, stable domestic prices contrast with softer regional sentiment, indicating cautious buying and limited upside momentum.

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