Domestic wire rod prices decrease in Vietnam

Thursday, 30 June 2011 11:30:44 (GMT+3)   |  
SteelOrbis has learned that in the Vietnamese domestic market mesh quality wire rod prices have declined to VDN 15.9 million/mt ($774/mt) ex-works, on actual weight basis, including 10 percent VAT and all taxes. Last week, prices were at VDN 16.8 million/mt ($818/mt) ex-works. Tepid demand in the country has contributed to the steep price drop.
 
US$1 = VDN 20,550

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