Vietnam enters world’s top 10 steel producers
Vietnam has officially surpassed Italy to become one of the workd's top 10 steel producers.
Construction steel price continues downward
The domestic construction steel price has been cut by between VND150 and VND400 per kilogram to VND15,810 to VND17,100. Explaining the cut, the Vietnam Steel Association (VSA) said input material prices fell in May and June due to a lack of demand, even during the peak construction season. Abundant supply, large inventories, and low exports are also behind the cut.