World market:

• China market: At the beginning of the week, May 22, steel price still had mixed movements. Steel products mostly fell. The production cut in May did not meet expectations, steel prices are difficult to increase in the near future.

Domestic market:

• Construction steel: At the beginning of the week, there was no price fluctuation for construction steel products.

• Scrap: Despite facing a shortage of goods on a large scale, however, scrap prices still tend to decrease. According to many sources, today 22/5 Dai Viet continues to reduce prices by 200 VND/kg for products. scrap steel products.

• HRC, Ton: At the beginning of the week, there was no price change for HRC products, but the demand was still very weak.