9,097.15 TL BIST 100 BIST 100
31.30 $ USD USD
€33.84 EUR EUR
45.26 TL Interest Interest
83.55 $ Fossil Oil Fossil Oil
23.12 $ Silver Silver
3.85 $ Copper Copper
113.89 $ Iron Ore Iron Ore
392.00 $ Ship Dismantling Ship Dismantling
2,100.60 TL Gold (gr) Gold (gr)

Construction steel sets a record of the year

Construction steel sales reached 958,500 tons in September, the highest level this year.

Construction steel sets a record of the year

The increase in construction steel sales in Vietnam was also the first growth of the year.

Hoa Phat Group, a leader in the steel industry, recorded its highest sales figure this year in September, with the company's construction steel sales rising by 15% from August to 352,000 tons.

Vnsteel's sales in September reached 265,000 tons, up by 8% from August.

According to the Vietnam Steel Association, construction steel sales rose by 9% from August and by 4% y-o-y.

Major infrastructure projects under development, such as North-South highways and airport upgrades, are seen as the reason for the increase in steel demand.

Steel prices remained stable throughout September, providing the sector. KB Vietnam Securitie expects prices to remain stable until the end of the year.


No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Suez Steel company cuts rebar prices, boosting construction sector prospects

Saturday, March 2, 2024

Global steel sheet markets remain flat; Türkiye's spot market recorded a decrease

Wednesday, February 28, 2024

US steel imports up by 21.7% m-o-m in January 2024

Thursday, February 29, 2024

Vietnam's steel exports and imports increased

Friday, March 1, 2024

Hot rolled coil prices drop in Vietnam

Friday, March 1, 2024
Follow List
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.

There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now