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Scarcity of corrugated iron and steel after storm No. 3 Yagi but many dealers do not increase prices

Việt NamViệt Nam10/09/2024

The demand for corrugated iron to repair roofs and structures damaged by storm No. 3 has caused shortages in many places. Although supply has not been able to meet demand, prices remain relatively stable.

The need to repair roofs, doors, gates, fences... increased after the storm - Photo: B.KHÁNH

Headquartered in Bai Chay ward, Ha Long, Quang Ninh , Mr. Bui Danh Tuyen, director of Tuyen Giang Trading Company Limited - a steel supplier in Ha Long (Quang Ninh), said that the surrounding area suffered heavy damage, houses had their roofs blown off, many restaurants collapsed so they had to be completely rebuilt.

Due to demand increasing 3-4 times more than normal, the company is temporarily short of supplies.

However, with the type of corrugated iron that is still commonly used in homes and warehouses, Mr. Tuyen said the price is still only about 150,000 - 160,000 VND/m2. "Basically, the price has not increased, but we are overloaded and out of stock," Mr. Tuyen said.

Regarding the solution, Mr. Tuyen said the company is mobilizing many different sources to "rotate" enough goods to serve customers.

Mr. Minh, owner of a steel and iron dealer on Quang Trung Street, Ha Dong ( Hanoi ), also said that steel is one of the construction materials very popular

In the context of roads, manpower is interrupted after Storm No. 3, it is difficult to avoid temporary shortages of goods, but Vietnam cannot lack steel.

"From morning until now, we have been receiving orders continuously, several times more than usual. But the goods have not arrived in time to sell. Many suppliers said they have them but have to wait because shipping takes longer than usual," Mr. Minh shared.

Mr. Minh also confirmed that as of the afternoon of September 9, although demand increased sharply, suppliers still quoted stable prices.

According to Tuoi Tre's observations on many streets in Ha Dong and some other areas on the outskirts of Hanoi, many structures were heavily damaged after the storm and have not been repaired.

Ms. Nguyen Thi Duyen (Thanh Cao commune, Thanh Oai, Hanoi) said her shop's corrugated iron roof was blown off after the storm, but the appointment for the worker was full, so she had to wait two more days for her turn.

Mr. Le Van Quyet, director of Tan Nhan Kiet Company Limited, said that not only houses or shops, but also warehouses and other seemingly solid structures were significantly damaged. Therefore, Mr. Quyet's workshop has been "fully booked" until the end of this month.

However, Mr. Quyet affirmed that the price will still be quoted as usual because the basic raw materials are still stable.


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