Demand for construction steel remains low
HCMC – Despite falling prices, sales of made-in-Vietnam construction steel posted a double-digit slump in April, the second lowest since 2022. Data from the Vietnam Steel Association showed that construction steel sales in April dropped 17% versus March and 15% against the same period last year,
Steel prices soar three consecutive times in January
HCMC – Domestic steelmakers late last month announced to hike prices, the third spike of the month, reported the local media Domestic steelmakers adjusted up steel prices by VND300,000 – VND700,000 a ton on January 30 to over VND16 million a ton, but the new level is still over VND2 million lower