Steel prices in downward spiral
HCMC – Construction steel prices in Vietnam have continued to fall as demand has remained weak. Hoa Phat Group, which holds a 40% share of the nation’s construction steel market, now quotes rebar D10 CB300 at VND14.69 million per ton and rolled steel CB240 at VND14.49 million per ton, both down by
Steel prices inch down
HCMC – Weak demand has driven down steel prices, which now range from VND15.6 million to VND15.9 million per ton. Local steelmaker Hoa Phat Group, which holds a 40% share of the nation’s construction steel market, now quotes its rebar D10 CB300 at VND15.89 million per ton and rolled steel CB240 at
Steel prices soar close to Lunar New Year holiday
HCMC – Domestic steel prices have picked up after a long time of staying high, reported the local media. Each ton of steel now exceeds VND15 million, up VND200,000 compared to a week ago, but down over VND3 million against its peak in May 2021. The Hoa Phat steelmaker announced its second price