Tags: steel prices

Steel sector grows 22.8% in ten months

Steel sector grows 22.8% in ten months

Domestic steel production exceeded 17 million tonnes in the first ten months of this year, growing 22.8% year on year, according to the Vietnam Steel Association (VSA).

Steel prices set for slight rise

Steel prices set for slight rise

Steel prices will remain stable on the domestic market this month but are expected to increase slightly soon, according to the Ministry of Industry and Trade.

Steel prices set to increase

Steel prices set to increase

Domestic steel prices are expected to rise in the near future, thanks to increasing construction demand, the real estate market’s recovery and high consumption, Vietnam Steel Association (VSA) said.

Vietnam’s steel production surge in May

Vietnam’s steel production surge in May

Several steel products saw a surge in productivity in May. The bar and angle steel products showed the highest increase of 22.5%, following by rolled steel with 21%.

Protective import tax sends steel prices soaring

Protective import tax sends steel prices soaring

A spokesperson for Song Da No2 Joint Stock Company (SD2) called up a magazine to grumble that steel prices have skyrocketed, pushing up costs for his company by billions of dong since the prices started to rise.

Steel prices surge ahead of tariffs

Steel prices surge ahead of tariffs

The domestic steel market has seen a price surge and hoarding before temporary safeguard measures recently imposed on two types of steel imports into the Southeast Asian country, experts said.

Steel prices fall again

Steel prices fall again

The prices of steel decreased by VND200,000-300,000 per tonne at the end of April.

Steel prices on the rise

Steel prices on the rise

Steel prices has seen a sharp increase of VND300,000 per tonne in the past few days.

Steel prices surge in July

Steel prices surge in July

The southern branch of the Vietnam Steel Corporation has raised the price of rolled steel by VND300,000 a tonne, the fourth increase in July alone.

Steel prices continue to fall

Steel prices continue to fall

Steel retailers are suffering significant losses due to overstock and price cuts during the construction season.

Steel prices drop by VND200,000 a tonne

Steel prices drop by VND200,000 a tonne

The southern steel manufacturers decided last week to reduce the steel price by VND200,000 to VND11.19-11.21 million a tonne for steel bars and VND10,75-10.8 million a tonne for rolled steel.