Monday , November 25 2024

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Steel prices 20% lower than in May after falling again

Steel prices 20% lower than in May after falling again

Steel prices have dropped for a 14th time in a row since mid-May with the total decline adding up to nearly 20%. Many producers like Hoa Phat Group, Viet Nhat, Viet Y, and Kyoei cut prices by VND300,000-500,000 ($12.81-21.36) a ton this week. Prices have fallen by around VND3.5 million …

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