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Construction material prices
News updates related to construction material prices.
Steel prices on April 24th: Domestic market remains stable, world iron ore prices see slight correction.
Domestic steel prices from brands like Hoa Phat and Viet Duc remained stable on April 24th. On the international market, iron ore prices fell slightly but remained above the $100/ton mark.
Market
Steel market update, April 22nd: Domestic prices stable, world iron ore prices rise slightly.
Domestic construction steel prices remained around 15,000 VND/kg, while the international market improved due to stockpiling demand in China and concerns about global supply.
With sharply rising construction material prices, estimated costs for transportation projects are expected to increase by more than 8%.
The Ministry of Construction reported that the price of asphalt has increased by nearly 32%, and the prices of sand and stone materials have increased by up to 23.3%. This fluctuation is estimated to increase the cost estimates for transportation projects by more than 8%.
Construction material prices surge: Cement rises to 100,000 VND/ton, steel reaches 16.2 million VND.
Soaring input costs such as coal, iron ore, and shipping have led to simultaneous adjustments in steel and cement prices, putting significant pressure on projects and the real estate market.
Iron ore prices have risen again, while the domestic construction steel market remains stable.
Global iron ore prices rose due to expectations of a recovery in pig iron production in China. In Vietnam, construction steel prices remained stable at 12,520 - 13,950 VND/kg.
Prices of sand, stone, cement, and other construction materials have risen unusually high, and a materials crisis may recur.
In June 2025, construction material prices continued to rise sharply and unusually, especially construction sand, which surged by as much as 58.45%, raising concerns about the possibility of a recurring materials crisis...
Rising construction material prices cause concern among residents and businesses.
The construction materials market has been constantly fluctuating since the beginning of the year; the prices of steel, sand, and bricks have increased sharply. Many households and businesses are facing difficulties, and construction progress is being affected...
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