After the distance, the suppliers of construction materials from iron and steel, concrete, plastic pipes... all simultaneously increased their prices with an increase of 5%-20%. Among these, construction steel is the commodity that has continuously increased in price since the beginning of the year.
According to statistics of the Vietnam Association of Construction Contractors (VACC), from October 25, cement prices also increased sharply, averaging from 80,000 to 100,000 VND/ton. The reason is that the price of domestic coal has increased by an average of 7 - 10%, the price of DO oil used to burn when it has just been dried has increased by more than 10% and a series of additives used in cement production have also increased in price. Meanwhile, the price of coal accounts for 40-45% of the cost of cement production.
Also from the beginning of October until now, many steel enterprises have adjusted the price increase by about 17,000 - 192,000 VND/kg. Specifically, the price of CB240 coil of Hoa Phat Group increased by 460 VND/kg, currently at 16,770 VND/kg. D10 CB300 rebar increased by 410 VND/kg, to 16,820 VND/kg. Thai Nguyen Company also increased the price of CB240 steel by 860 VND/kg, to 17,200 VND/kg, D10CB300 steel increased by 260 VND, to 17,260 VND/kg. Other companies also increased from 200-400 VND/kg.
This is not the first steel price hike . In early 2021, steel prices increased dramatically compared to 2020 causing ministries and sectors to have to check. Or the price of glass is also increasing by more than 30% compared to the beginning of 2021. Then a series of other building materials also increased rapidly before that. Thus, it is shown that, after the distance, the suppliers of construction materials from iron and steel, concrete, plastic pipes... all simultaneously increased their prices with an increase of 5%-20%. Among these, construction steel is the commodity that has continuously increased in price since the beginning of the year. Some construction contractors said that they also receive new quotes every month, with price increases 2-3 times a month.
According to a report of the Ministry of Construction, the construction price index in the first 6 months of 2021 increased by 3.82% compared to the same period in 2020, of which the main impact was due to the increase in the price of construction materials such as input materials such as: : price of construction steel increased by 30-40% (this increase is considered to be unconventional), asphalt price increased by 9 - 10%, cement price increased by 3-5%...
The epidemic situation is complicated both in the country and in the world, while some materials and materials for the production of building materials must be imported, leading to the risk of shortage, thereby increasing the price of materials. construct…
According to the Ministry of Construction, now that the epidemic has broken out in most countries, the restriction on travel and customs clearance of goods has slowed down, leading to a prolonged storage time for export goods, and labor for loading and unloading. The delay in freight transport also affected the export of domestic construction material enterprises.
Recently, Ha Tien 1 Cement Company announced an increase of 80,000 VND / ton of Vicem Ha Tien cement for 50 kg bags in all provinces and cities nationwide from November 1. According to this unit, the price of input materials in cement production has increased, especially the scarce supply of coal, leading to higher cement production costs.
Although the company tried to find solutions to save money in production, maximize the efficiency of using raw materials - fuel, but still could not make up for the cost.
