Construction steel price cut again
Businesses cut the domestic construction steel price by between VND60 ($0.003) and VND810 ($0.03) per kilo on August 22. This is the 15th cut since mid-May.
Construction steel prices continue to plunge
Construction steel prices were again adjusted downwards on July 22; the tenth cut in just over two months. The Vietnam Steel Association has forecast that prices will continue downwards in the immediate future, because July to September is the wet season and construction works are always affected.