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As far as we know, due to changes in steel billet prices and raw material costs, Vietnam JSH540A steel and its steel mills have lowered the mainstream wire specification prices by 100 Vietnamese dong/kg (approximately 4 US dollars/ton), excluding a 10% value-added tax, effective from April 15th. Subsequently, several steel mills in Vietnam also followed suit in JSH540A steel price adjustments, such as VAS and VGS, which also lowered the price of wire rods by 100 Vietnamese dong/kg (approximately 4 US dollars/ton).