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Updated : 10:57 AM, 11/02/2009
Steel prices drop by VND200,000 a tonne
The southern steel manufacturers decided last week to reduce the steel price by VND200,000  to  VND11.19-11.21 million a tonne for steel bars and VND10,75-10.8 million a tonne for rolled steel.

They made the same decision at the end of September.

Steel consumption fell sharply in October as domestic consumers tended to wait for a further drop in market prices.

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