Posted on 20 Mar 2009
The Vietnam Steel Association yesterday reported that the steel price continued decreasing by another 200,000 dong per tonne as for the steel bars and rolled steel, marking the third reduction from the beginning of 2009.
In the southern market, Vietnam Steel Corp sells 10.25-10.58 million dong per tonne, while the price of Vinakansai stands at 9.6-9.8 million dong per tone (VAT exclusive).
The retail price of steel ranges between 11.2 and 11.3 million dong/tonne.
