World market:

• China market: Iron ore price increased slightly, market demand is still fluctuating recently, the impact on iron ore price also increased and decreased.

• Prices of steel products on Shanghai bourse mostly fell slightly except for HRC which was flat. Supply and demand has not been stable yet, it is expected that steel prices will have many fluctuations during this time

Domestic market:

• Construction steel: Temporarily stable, the market continues to wait for the next move of the factory and it is expected that steel price will decrease tomorrow.

• Scrap: At the beginning of the week, some factories moved to reduce scrap purchase price, these adjustments were all slightly reduced, 100-200 VND/kg, generally did not have a strong impact on the market as in previous times. On the other hand, many places are in short supply at different levels, so traders have not made any adjustments.

• HRC sheet: Temporarily stable