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August 11, 2022 | 16:10

Construction steel prices continue to tumble

Mạnh Đức

The domestic construction steel price has continued to head downwards. After the latest and 13th decline, the price now stands at VND14,640 ($0.62) - VND16,240 ($0.69) per kilo (depending on the brand and type). The reason for the continual decline is the concurrent sharp decline in input material prices and abundant supply and high inventories.

Construction steel prices continue to tumble
Photo: Illustration

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The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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