bảng báo giá thép hình are unchanged in Vietnam at this time, along with a stable market. Many believe that the market will continue to stabilize in the near future.
A steel trader from Lao Cai revealed that SS400 50mm * 50mm * 5mm steel plate was priced at 11 million VND / ton (505 USD / ton), unchanged from the previous week.
Demand for steel is stable, so he wants to keep offering prices unchanged to observe the market. It is known that his current sales are from 80-100 tons / day, close to the usual level in the peak season. However, he also revealed that Chinese steel volume is making offers lower. Because China section steel has a large market share in Vietnam, he thinks that steel prices will likely go down in the coming weeks even though the market is stable.
A manufacturer from Vung Tau said that the SS400 50mm * 50mm * 5mm steel plate is currently priced at VND 11.2 million / ton (USD 515 / ton), equal to the previous week.
The section steel market gradually improves in the second quarter and the business results of most agents are not so bad at this time. Currently, the plant’s monthly output remains high from 50,000-60,000 tons. However, he also pointed out that buying rain is coming and demand may decline further next month. He wants to wait for upcoming market developments.