A steel price hike would affect immediately some economic sectors and later the entire economy. The final outcome is that the price level in the economy will go up.

A spokesperson for Song Da No2 Joint Stock Company (SD2) called up a magazine to grumble that steel prices have skyrocketed, pushing up costs for his company by billions of dong since the prices started to rise.

 Searefico sells 20% stake to Japanese partner; OTC trading quiet; HCM City issues municipal bonds next week; Import of cashew material surges

 Firms voice support for raising woodchip export tax; Exported apparel unit prices down; Credit fund converted into bank; Firms switch to rail freight transport;