Latest blog articles
Global steel prices surge - Vietnam follows suit
Nguyen Van Sua, vice chairman of the VSA said that global steel prices are surging, forcing steel prices on the domestic market to follow suit.
The association said that iron ore, the main material for producing steel, is being traded globally at $57 per ton, up 42.5 percent from the beginning of this year. Steel craps have also hiked up by 68.4 percent to touch $320 per ton for the first weeks of May.
As for the Southeast Asian market, a similar trend has been seen with steel billet prices going up by 160$ per ton to be sold at around $420 per ton and steel bars went up 28 percent to $430 per ton.
The vice chairman said that an upsurge in steel prices, especially for the Asian market comes from recent influences of China after its domestic steel demand rallied and the Chinese government decided to cut off steel output to alleviate their serious problem of air pollution.
In Vietnam, global price hikes coupled with a decision by the Ministry of Industry and Trade to impose temporary tariff increases on steel imports from March 22 to October 7 has accelerated domestic steel prices, Sua added.
Steel billet was sold at VND9.3 million ($418) per ton in April rather than VND6.9 million ($310) in January while the price of steel bars increased slightly to reach VND10.3 million ($463) per ton.
Sua predicted the average price of domestic steel to surpass VND11 million ($495) per ton in the upcoming months.
VSA data show that Vietnamese enterprises sold 1.31 million tons of steel in April, up 26.7 percent from the same period of last year. Steel output recorded an on-year growth of 30 percent to reach 1.48 million tons, of which 192,000 tons were exported to foreign markets, up 50 percent year-on-year.Read on the original site
With 'Battles Won,' Marines hope to attract more recruits
“For a place, a people, an idea,” the narrator gravely intones, “marines will fight – and win.”The US Marine Corps’ latest two-minute recruiting trailer shows them doing just that: firing heavy artillery, staring down their rifle sights while chin-deep in muddy water, and, of course, raising the flag on Iwo Jima. But the ad also has snippets of service on the home front: A former jarhead who thwarts a gas station robbery, for instance, and marines collecting Toys for Tots donations in… chat_bubble_outline Read More...
Diego Maradona hopeful of future Napoli role
NAPLES, Italy (AP) — Former Napoli star Diego Maradona is in talks to work with the Serie A side, where he is still idolized nearly 27 years after leaving the club.Maradona, who is in Naples for a theatrical event on Monday celebrating the club's first title win, met with Napoli President Aurelio de Laurentiis on Saturday night."It was the first step," Maradona said Sunday. "First of all I have to sort out the problems I have here in Italy, then I can work for Napoli in Italy and in the… chat_bubble_outline Read More...
Great Vietnam road trip through Nam Dinh
Foreign visitors to Vietnam – and even some locals – are packing up the motorbike and going on long-haul drives through Nam Dinh Province for their summer vacations this year. From Hanoi, follow National Highway 1 southeast until you arrive at Nam Dinh and then follow along the route marked in blue on the map for a relaxing, fun-filled and scenic trip. Semi-collapsed church is the tallest building in the region Beach next to the church bustling with fishermen Specialities of coastal… chat_bubble_outline Read More...
Honor's new phone won't show notifications if it doesn't recognize who is holding it
Tech - Yahoo News chat_bubble_outline Read More...
After bloody year, Chicago looks to tougher gun laws
Chicago (AFP) - On a recent evening on Chicago's southwest side, an all-too-familiar scene unfolds: within sight of the Windy City's iconic downtown high-rises, dozens of police officers swarm. A 21-year-old man has been shot outside his home.All of a sudden, a deafening scream pierces the silence: the man's family has just learned he has been declared dead at the hospital.Chicago -- the Midwestern stomping grounds of Al Capone, the ruthless mobster who left a trail of blood in the Roaring… chat_bubble_outline Read More...