Prices of construction materials simultaneously increased
The economy has just shown signs of recovery, but businesses in the construction and real estate industries are facing a new challenge, that is, the price of input materials is on the rise; including oil and coal prices.
Cement is an industry directly affected by the increase in coal prices and is facing challenging pressures. A representative of a cement business said that the domestic coal price increased on average from 7% to over 10%, the situation was difficult, the more difficult it was to import 3c coal, some companies had to use coal 4. DO oil used for burning When the oven is newly dried, the price increases by more than 10%. A series of additives used in cement production also increased in price.
Rising coal prices put great pressure on cement companies because cement is a large coal consuming industry. Coal price accounts for 40-45% of cement production cost. Businesses have used measures to minimize costs and optimize production, but the increase in the price of many input materials, combined with the increase in coal prices, forced many cement businesses to increase their selling prices.
From the beginning of October until now, many steel companies have adjusted the price increase by about 17,000 -192,000 VND/kg depending on the brand... Specifically, the price of CB240 coil steel of Hoa Phat Group in the North increased by 460 VND/kg , currently at 16,770 VND/kg. D10 CB300 rebar increased by 410 VND/kg, to 16,820 VND/kg. With Thai Nguyen steel brand in the North, CB240 steel increased by 860 VND/kg, to 17,200 VND/kg, D10CB300 steel increased by 260 VND, to 17,260 VND/kg. Viet Duc brand CB240 steel coil in the North also increased. adding 250 VND/kg to 16,950 VND/kg; D10 CB300 steel increased by 200 VND/kg, to 17,200 VND/kg.
Chairman of the Vietnam Association of Construction Contractors (VACC) Nguyen Quoc Hiep said that currently all construction contractors are facing difficulties without a solution because non-state-owned investors mostly use the type of construction materials. unit price contracts are fixed and not adjusted at the time of signing, except for force majeure cases.
The fact is that not only large investors but also construction contractors also have a headache with the problem of increasing prices of building materials. Currently, the construction unit price is being significantly higher than the original estimate, affecting the total investment.
With more than 40 years of experience in the field of construction and installation, in the face of objective difficulties, for works under construction, CBM Construction is still committed to trying to hand over on schedule, quality and safety.