- World market:
China market: The downtrend is not over yet, Chinese steel mills are planning to cut supply to stop the price drop.
Iron ore prices on Dai Lien- China continued to fall. China is actively controlling the iron ore market to avoid unreasonable price increases. Affects market supply and demand. In addition, the bad influence from the weather in China when continuous heavy rain has caused construction activities in some areas to be delayed. Expect the price to be more volatile during this time.
Dai Lien ore prices: continue to fall
- Domestic market:
Construction steel: Construction steel price adjusted down, specifically on the morning of April 25, factories adjusted and reduced the price of all kinds of rebar by 100 VND/g Waste embryos:
Scrap market: The source of scrap continues to be in short supply in the near future, the price is stable after yesterday's increase on April 24.
Ton HRC: Facing the lack of market demand, dealers actively reduced prices to stimulate demand, the price decreased slightly compared to the last session of last week.
