steel prices

Update news steel prices

Ministry denies proposing price stabilisation fund for steel

The Ministry of Industry and Trade (MoIT) has denied rumours that it proposed the establishment of a State stabilisation fund to cope with the sudden increase in steel prices that has impacted many businesses.

Steel price ripple effect felt across domestic businesses

The Vietnam Association of Construction Contractors (VACC) has asked the Government Office to investigate the price hike and find out if steelmakers were cooperating with each other to push up prices.

 

Construction firms face bankruptcy as steel prices soar

Local construction firms face the risk of bankruptcy as the price of steel has soared 40 percent recently.