Construction materials increased sharply

Recently, the prices of many types of construction materials in Hung Yen province and many neighboring areas have been increasing sharply, affecting production, business and construction activities, especially housing projects.

Steel and construction sand "join together" to increase prices

According to the report on the construction materials market in April 2025 by the Institute of Construction Economics , the average steel price in April 2025 increased by 1.44 - 1.90% compared to March 2025. Along with the price increase with steel, construction sand and construction stone increased by 0.27 - 1.3% compared to March 2025...

Since the beginning of the year, steel is one of the construction materials with a sharp increase in price.

Since the beginning of the year, steel is one of the construction materials with a sharp increase in price.

Since the beginning of May, many types of construction materials have been on the rise. According to a survey by reporters at some construction material stores in Khoai Chau district, the price of yellow sand is fluctuating from 850,000 - 900,000 VND/m³, while just a week ago the price was 550,000 VND/m³. Sand for foundation has also increased sharply, from 180,000 VND/m³ to 250,000 - 300,000 VND/m³, and many places do not have enough goods to supply.

Not only sand, iron and steel prices are also climbing. Hoa Phat iron, a brand chosen by many people, is always in a state of "out of stock". Ms. Huong, owner of a construction materials dealer in Hai Thang commune (Tien Lu) informed: Iron prices are currently fluctuating at 18,000 - 18,300 VND/kg, an increase of about 3,000/kg compared to the beginning of 2025. But what is more worrying is the shortage of goods, especially iron phi 10 - a type commonly used in roofing. Currently, the store can only import an average of 3 tons of goods per day, a decrease of 80-90% compared to the end of 2024.

According to research, sudden increases in construction material prices are often affected by many factors such as: market supply and demand, production and transportation costs, as well as fluctuations in the international market. In the current context, when construction demand increases again, while supply has not yet adapted, leading to an imbalance in supply and demand...

People and businesses face difficulties

The high price of construction materials and scarcity create cost pressure for people and businesses. Some construction projects have to adjust their progress, and manufacturing enterprises and businesses have difficulty ensuring supply.

For people, especially those who are building houses, the increase in construction material prices has caused the total cost to increase by tens of millions of dong, even hundreds of millions of dong depending on the scale of the project. Many families have had to cut back on the design or delay the construction progress to wait for the price of materials to "cool down".

Rising prices and scarcity of construction materials create cost pressure for people when building houses.

Mr. Nguyen Van May's family in Dong Tien commune (Khoai Chau) is in the process of building a new house. However, instead of being excited, he could not hide his worries when the cost of building the house increased significantly. Mr. May said: My family is building a 3-storey house with an area of ​​100m²/floor. Due to lack of money, we borrowed more. However, since the beginning of the year, the price of construction materials has increased rapidly, causing the cost to increase by 15-20% compared to the original estimate.

For construction material stores, although demand is high, the unstable supply has affected business activities. Keeping "trust" with customers becomes difficult when orders cannot be delivered on time due to lack of raw materials. Ms. Hoang Thi Que, owner of a construction material store in Phung Hung commune (Khoai Chau) said: Since the beginning of the year, the number of customers has been higher than every year, although I have ordered many types of construction materials in advance, recently, some types such as iron, bricks, sand... are still often "out of stock". The rapid increase in prices and scarcity have made the store's business difficult, at the same time slowing down the construction progress of many households.

In a real estate project, steel costs account for about 15 - 20%.

The high price of construction materials pushes up the price of construction works, causing many difficulties for investors. Mr. Nguyen Ngoc Anh, Director of Anh Khoa Joint Stock Company (construction company) in Yen My town (Yen My) said: Currently, in a real estate project, the cost of steel accounts for about 15 - 20%. However, with real estate products, all these costs will be included in the selling price for home buyers. Therefore, when construction costs increase, investors are forced to adjust the selling price. In case the selling price is not adjusted, investors must accept a decrease in profits.

Not only construction contractors are facing difficulties with the problem of increasing construction material prices, but investors of works and projects using public investment capital are also worried when construction and installation unit prices are higher than the initial estimate, affecting the total investment. Faced with these difficulties, many construction enterprises have proposed measures to ensure balance between supply and demand and stabilize the construction material market to share difficulties with enterprises and people. Functional sectors need to take measures to control prices and supply of construction materials to stabilize the market; strengthen inspection and supervision of construction material production and trading activities to prevent hoarding and price hikes. At the same time, it is necessary to create conditions for material production enterprises to soon increase capacity and increase supply to the market...

While waiting for effective intervention measures from the authorities, people and businesses still have to adjust their construction and production plans to cope with fluctuations in material prices. A new construction season is taking place, but instead of being happy, many people are worried about the increasingly difficult cost problem.

Duong Mien - Huong Giang

Source: https://baohungyen.vn/vat-lieu-xay-dung-tang-manh-3181320.html