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Tag
steel price
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Steel prices dip to near three-year low
Steel prices have plunged to their lowest levels since the end of 2020 amid weak demand.
Construction steel prices lowest in two months
Prices of construction steel have dropped by VND200,000 (US$8.50) per ton, the 10th decline in a row, to VND14.5 million, the lowest rate in the last two months.
Construction steel sales fall 15% in April
Over 735,000 tons of construction steel were sold in April, the second-lowest monthly sales figures since 2022, according to the Vietnam Steel Association.
May 21, 2023 | 04:18 pm PT
Steel industry upbeat in Q1 on higher Chinese prices
Higher prices due to a recovery in China and good inventory and cost management saw the steel industry put up an improved performance in the first quarter.
May 10, 2023 | 04:50 pm PT
Steel prices continue to rise despite falling demand
The demand for steel remains weak, but producers have increased prices six times so far this year because of increasing input costs.
March 9, 2023 | 02:30 am PT
Steel prices 20% lower than in May after falling again
Steel prices have dropped for a 14th time in a row since mid-May with the total decline adding up to nearly 20%.
August 22, 2022 | 07:40 pm PT
Steel price rise 'unusual' amid plentiful supply: construction ministry
Steel prices have surged by 40-50 percent this year though there is no shortage, the Ministry of Construction said, calling it "unusual."
May 13, 2021 | 08:47 pm PT
Construction contractors seek investigation into steel price rise
The Vietnam Association of Construction Contractors wants the Government Office to investigate why steel prices have skyrocketed, pushing many contractors to the brink of bankruptcy.
April 23, 2021 | 11:01 pm PT
Domestic steel prices volatile
The price of steel has jumped by 20 percent since January and has been trading at around $330 per tonne in recent days, according to the Vietnam Steel Association.
March 18, 2016 | 02:37 am PT