Steel prices will remain stable on the domestic market this month but are expected to increase slightly soon, according to the Ministry of Industry and Trade.
Domestic steel prices are expected to rise in the near future, thanks to
increasing construction demand, the real estate market''s recovery and
high consumption, Viet Nam Steel Association (VSA) said.
While the imposition of additional tariffs on imported steel products as
a temporary safeguard against cheap imports since March was meant to
protect the local steel industry, consumers and firms that use steel for
their production are worried about steel price hikes in...