Posted on 09 Apr 2009
Steel markers only spent US$121 million importing 282,000 tonnes of steel billet in the first quarter of 2009, equalling to 27.5% in output and 18.3% in value of the same period of 2008, reported Vietnam Steel Association (VSA).
The price of rolled steel is around 9.64-9.69 million dong per tonne, steel bar at 10.36 million dong per tonne. And the retail price of rolled steel stands at 10.2-10.8 million dong per tonne, falling 200,000-300,000 dong/tonne against the end of March.
