Steel prices on the rise

Steel prices has seen a sharp increase of VND300,000 per tonne in the past few days.

This surge is attributed to the fluctuation of the US dollar and the increasing demand for steel in November and December, said the Institute for Market and Price under the Ministry of Industry and Trade.

In the first half of October, steel consumption reached only 283,000 tonnes, down by 200,000 tonnes compared to September. – VOV

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Posted by VBN on Oct 24 2010. Filed under Steel. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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