{"id":2723,"date":"2026-05-25T13:39:14","date_gmt":"2026-05-25T06:39:14","guid":{"rendered":"https:\/\/dk-metalsurfacetreatment.com\/?p=2723"},"modified":"2026-10-27T16:28:58","modified_gmt":"2026-10-27T09:28:58","slug":"steel-industry-in-viet-nam","status":"publish","type":"post","link":"https:\/\/dk-metalsurfacetreatment.com\/en\/steel-industry-in-viet-nam\/","title":{"rendered":"Steel Enterprises Enter A New Race: Market Share Is No Longer The Only &#8220;Weapon&#8221;"},"content":{"rendered":"<p data-rm-block-id=\"block-1\"><span dir=\"auto\">The Vietnamese steel industry is witnessing increasingly clear differentiation, with market share and production scale advantages continuing to concentrate in the hands of leading steel companies. While the &#8220;big players&#8221; maintain growth momentum and consolidate their position, many small and medium-sized enterprises face increasing competitive pressure amidst declining exports and the domestic market becoming the main battleground.<\/span><\/p>\n<ul>\n<li data-rm-block-id=\"block-1\"><span style=\"color: #253782;\"><a style=\"color: #253782;\" href=\"https:\/\/dk-metalsurfacetreatment.com\/thi-truong-thep-nan-2026-du-cung\/\"><span dir=\"auto\">The steel market in 2026 faces a &#8220;reverse wave&#8221;: Global oversupply of 600 million tons, Vietnamese businesses accelerate their efforts to conquer the domestic market.<\/span><\/a><\/span><\/li>\n<li data-rm-block-id=\"block-1\"><span style=\"color: #253782;\"><a style=\"color: #253782;\" href=\"https:\/\/dk-metalsurfacetreatment.com\/doanh-nghiep-thep-2026\/\"><span dir=\"auto\">Steel Companies Enter a New Race: Market Share Is No Longer the Only &#8220;Weapon&#8221;<\/span><\/a><\/span><\/li>\n<li data-rm-block-id=\"block-1\"><span style=\"color: #253782;\"><a style=\"color: #253782;\" href=\"https:\/\/dk-metalsurfacetreatment.com\/nganh-thep-buoc-vao-chu-ky-moi\/\"><span dir=\"auto\">The steel industry enters a new cycle: The domestic market becomes the &#8220;foundation&#8221; for growth.<\/span><\/a><\/span><\/li>\n<\/ul>\n<h2 data-rm-block-id=\"block-2\"><span style=\"font-size: 90%;\"><strong><span dir=\"auto\">Market share is concentrated in the leading group.<\/span><\/strong><\/span><\/h2>\n<p data-rm-block-id=\"block-3\"><span dir=\"auto\">According to the Vietnam Steel Association&#8217;s (VSA) Q1 2026 Vietnam Steel Market Overview Report, the industry&#8217;s growth trend is no longer uniform across all companies but is strongly skewed towards the market leaders. In the construction steel segment \u2013 \u200b\u200bthe sector with the largest market share \u2013 Hoa Phat Group continues to assert its number one position with 36.06% market share, far ahead of its competitors.<\/span><\/p>\n<p data-rm-block-id=\"block-4\"><span dir=\"auto\">In particular, steel companies are changing to adapt to new market trends.<\/span><\/p>\n<p data-rm-block-id=\"block-5\"><span dir=\"auto\">In second place is Vietnam Steel Corporation with 12.92% market share. Meanwhile, companies like Viet Y Steel, Pomina, and Southern Steel only account for a few percent. Although small and medium-sized enterprises (SMEs) hold more than 40% of the total market share, the fragmentation prevents this group from creating a significant competitive advantage.<\/span><\/p>\n<p data-rm-block-id=\"block-5\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-4687 aligncenter\" src=\"https:\/\/dk-metalsurfacetreatment.com\/wp-content\/uploads\/2026\/05\/thep2.webp\" alt=\"businesses\" width=\"839\" height=\"559\" \/><\/p>\n<p style=\"text-align: center;\" data-rm-block-id=\"block-6\"><span dir=\"auto\">Many steel companies are investing in technology to improve production efficiency and become more competitive.<\/span><\/p>\n<p data-rm-block-id=\"block-7\"><span dir=\"auto\">Experts believe that Hoa Phat&#8217;s advantages stem not only from its large-scale production but also from its vertically integrated production model, which helps the company proactively secure raw materials, minimize the impact of fluctuating input prices, and maintain stable business performance.<\/span><\/p>\n<h2 data-rm-block-id=\"block-8\"><span style=\"font-size: 90%;\"><strong><span dir=\"auto\">Exports are declining, putting pressure on the domestic market.<\/span><\/strong><\/span><\/h2>\n<p data-rm-block-id=\"block-9\"><span dir=\"auto\">The situation in the galvanized steel sector presents even more challenges. Steel exports in the first quarter of 2026 recorded a downward trend, while trade protection measures were increasingly applied by many major markets. This created significant pressure on businesses with a high export share, such as Hoa Sen Group and Nam Kim.<\/span><\/p>\n<p data-rm-block-id=\"block-10\"><span dir=\"auto\">As momentum from overseas markets slows, domestic competition intensifies. Hoa Sen is considered to have an advantage due to its extensive distribution network, while Nam Kim faces the challenge of balancing consumer market share with the ability to maintain profit margins.<\/span><\/p>\n<p data-rm-block-id=\"block-11\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2566 size-full\" src=\"https:\/\/dk-metalsurfacetreatment.com\/wp-content\/uploads\/2026\/05\/9-2.jpg\" alt=\"Steel Industry\" width=\"800\" height=\"533\" \/><\/p>\n<p style=\"text-align: center;\" data-rm-block-id=\"block-12\"><span dir=\"auto\">Steel exports in the first quarter of 2026 showed a downward trend, while trade protection measures were increasingly applied by many major markets.<\/span><\/p>\n<h2 data-rm-block-id=\"block-13\"><span style=\"font-size: 90%;\"><strong><span dir=\"auto\">\u00a0Steel businesses and\u00a0<\/span><\/strong><strong><span dir=\"auto\">the race to shift from production volume to efficiency.<\/span><\/strong><\/span><\/h2>\n<p data-rm-block-id=\"block-14\"><span dir=\"auto\">According to analysts, the steel industry is entering a new phase of competition. While previously businesses focused on expanding capacity and increasing production, now the ability to control costs, optimize product mix, and build an efficient distribution system are the decisive factors in determining competitiveness.<\/span><\/p>\n<p data-rm-block-id=\"block-15\"><span dir=\"auto\">Steel companies need to seek innovative solutions to maintain their competitiveness.<\/span><\/p>\n<p data-rm-block-id=\"block-16\"><span dir=\"auto\">In an increasingly fragmented market, while market share remains an important metric, it is no longer the sole determinant of success. The ability to generate sustainable profits and adapt to market fluctuations will be key to helping businesses maintain their position in the coming period.<\/span><\/p>\n<p data-rm-block-id=\"block-17\"><span dir=\"auto\">Optimizing production processes will help steel companies not only improve efficiency but also create greater value for customers.<\/span><\/p>\n<h2 data-rm-block-id=\"block-18\"><span style=\"font-size: 90%;\"><strong><span dir=\"auto\">Steel and raw material prices continue to face downward pressure.<\/span><\/strong><\/span><\/h2>\n<p data-rm-block-id=\"block-19\"><span dir=\"auto\">Developments in the international raw materials market also show negative signals. In the latest trading session, the price of rebar futures on the Shanghai Futures Exchange fell 0.45%, to around 3,107 yuan\/tonne. Iron ore futures in Dalian fell 0.55%, to 806.5 yuan\/tonne, while in Singapore they fell further by 0.5 USD to 106.38 USD\/tonne.<\/span><\/p>\n<p data-rm-block-id=\"block-20\"><span dir=\"auto\">The downward price pressure is believed to stem from China allowing domestic units to purchase inventory from BHP Group, while coking coal and metallurgical coal prices have also fallen simultaneously, dragging down the prices of many other steel products.<\/span><\/p>\n<p data-rm-block-id=\"block-21\"><span dir=\"auto\">In the short term, the Vietnamese steel industry is projected to continue facing strong differentiation among business groups. Companies with advantages in scale, supply chains, and distribution systems will have more opportunities to increase market share, while smaller businesses will be forced to restructure to maintain competitiveness in an increasingly harsh market.<\/span><\/p>\n<hr \/>\n<h2><span style=\"font-size: 90%;\"><strong><span dir=\"auto\">You Might Be Interested<\/span><\/strong><\/span><\/h2>\n<p><span style=\"color: #253782; font-size: 100%;\"><a style=\"color: #253782;\" href=\"https:\/\/dk-metalsurfacetreatment.com\/san-pham\/\"><span dir=\"auto\">Reliable and High-Quality Supplier of Metal Surface Treatment Chemicals<\/span><\/a><\/span><\/p>\n<p data-rm-block-id=\"block-25\"><span style=\"color: #253782; font-size: 100%;\"><a style=\"color: #253782;\" href=\"https:\/\/dk-chemicals.vn\/danh-muc-san-pham\/danh-muc-san-pham\/hoa-chat-toc-antifinger-cho-nganh-ton\/\" target=\"_blank\" rel=\"noopener\"><span class=\"current\"><span dir=\"auto\">TOC (Antifingerprint) Chemical for the Steel Sheet Industry<\/span><\/span><\/a><\/span><\/p>\n<p data-rm-block-id=\"block-25\"><span style=\"color: #253782; font-size: 100%;\"><a style=\"color: #253782;\" href=\"https:\/\/dk-chemicals.vn\/danh-muc-san-pham\/danh-muc-san-pham\/tay-dau-etching\/\" target=\"_blank\" rel=\"noopener\"><span dir=\"auto\">Where can I find good quality degreasing and etching products at a good price?<\/span><\/a><\/span><\/p>\n<p data-rm-block-id=\"block-25\"><span style=\"color: #253782; font-size: 100%;\"><a style=\"color: #253782;\" href=\"https:\/\/dk-chemicals.vn\/danh-muc-san-pham\/danh-muc-san-pham\/hoa-chat-thu-dong\/\" target=\"_blank\" rel=\"noopener\"><span dir=\"auto\">Where to Buy Reliable Passivation Chemicals?<\/span><\/a><\/span><\/p>\n<hr \/>\n<div class=\"flex max-w-full flex-col gap-4 grow\">\n<div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&amp;]:mt-1\" dir=\"auto\" tabindex=\"0\" data-message-author-role=\"assistant\" data-message-id=\"7d77dc3d-236e-4755-a081-44f071d8413c\" data-turn-start-message=\"true\" data-message-model-slug=\"gpt-5-5\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden\">\n<div class=\"markdown prose dark:prose-invert wrap-break-word w-full light markdown-new-styling\">\n<div>\n<div>\n<div data-rm-block-id=\"block-32\">\n<h2 data-section-id=\"17xuzf\" data-start=\"7246\" data-end=\"7322\" data-rm-block-id=\"block-83\"><span style=\"font-size: 90%;\"><strong><span dir=\"auto\">DK-Chemicals: Metal surface pretreatment solutions for industry<\/span><\/strong><\/span><\/h2>\n<p data-start=\"7324\" data-end=\"7488\" data-rm-block-id=\"block-84\"><span dir=\"auto\">DK-Chemicals provides chemical surface treatment solutions for metals serving the aluminum, galvanized sheet, color-coated steel, coil-coating, and related industrial applications.<\/span><\/p>\n<p data-start=\"7490\" data-end=\"7761\" data-rm-block-id=\"block-85\"><span dir=\"auto\">With a focus on providing advanced, environmentally friendly technologies that meet modern production requirements, DK-Chemicals partners with customers in selecting suitable pre-treatment solutions, optimizing surface quality, and enhancing product durability after coating.<\/span><\/p>\n<p class=\"isSelectedEnd\" data-rm-block-id=\"block-86\"><span dir=\"auto\">Contact DK Chemicals&#8217; technical team today for detailed advice:<\/span><\/p>\n<p data-rm-block-id=\"block-128\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-2636 alignleft\" src=\"https:\/\/dk-metalsurfacetreatment.com\/wp-content\/uploads\/2026\/05\/logo-new-1-300x300.png\" alt=\"DK Chemical Company Limited\" width=\"177\" height=\"177\" srcset=\"https:\/\/dk-metalsurfacetreatment.com\/wp-content\/uploads\/2026\/05\/logo-new-1-300x300.png 300w, https:\/\/dk-metalsurfacetreatment.com\/wp-content\/uploads\/2026\/05\/logo-new-1-150x150.png 150w, https:\/\/dk-metalsurfacetreatment.com\/wp-content\/uploads\/2026\/05\/logo-new-1-768x768.png 768w, https:\/\/dk-metalsurfacetreatment.com\/wp-content\/uploads\/2026\/05\/logo-new-1.png 1024w\" sizes=\"auto, (max-width: 177px) 100vw, 177px\" \/><\/p>\n<h3 data-rm-block-id=\"block-8\"><span style=\"color: #253782; font-size: 90%;\"><strong><span dir=\"auto\" style=\"vertical-align: inherit;\">DK Chemical Company Limited<\/span><\/strong><\/span><\/h3>\n<p data-rm-block-id=\"block-9\"><span style=\"color: #253782;\"><strong><span dir=\"auto\" style=\"vertical-align: inherit;\">Address:<\/span><\/strong><span dir=\"auto\" style=\"vertical-align: inherit;\"> 50 Street No. 12, Cityland Park Hills Residential Area, Go Vap Ward, Ho Chi Minh City<\/span><\/span><\/p>\n<p data-rm-block-id=\"block-10\"><span style=\"color: #253782;\"><strong><span dir=\"auto\" style=\"vertical-align: inherit;\">Hotline: <\/span><\/strong>\u00a0<a style=\"color: #253782;\" href=\"tel:0909678599\"><span dir=\"auto\" style=\"vertical-align: inherit;\">0909678599<\/span><\/a><\/span><\/p>\n<p data-rm-block-id=\"block-11\"><span style=\"color: #253782;\"><strong><span dir=\"auto\" style=\"vertical-align: inherit;\">Email: <\/span><\/strong>\u00a0<a style=\"color: #253782;\" href=\"mailto:de@dk-chemicals.vn\"><span dir=\"auto\" style=\"vertical-align: inherit;\">de@dk-chemicals.vn<\/span><\/a><\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Vietnamese steel industry is witnessing increasingly clear differentiation, with market share and production scale advantages continuing to concentrate in the hands of leading steel companies. While the &#8220;big players&#8221; maintain growth momentum and consolidate their position, many small and medium-sized enterprises face increasing competitive pressure amidst declining exports and the domestic market becoming the<\/p>\n","protected":false},"author":9,"featured_media":4688,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[813,15],"tags":[554,552,547,548,549,553,550,544,546,545,551],"class_list":["post-2723","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news","category-news","tag-adchemiclas-en","tag-antifinger-en","tag-chrome3-en","tag-chrome6-en","tag-chromefree-en","tag-dkchemicals-en","tag-hoachatxulybematkimloai-en","tag-thudonghoa-en","tag-thudonghoachrome3-en","tag-thudonghoanonchrome-en","tag-xulybematkimloai-en"],"_links":{"self":[{"href":"https:\/\/dk-metalsurfacetreatment.com\/en\/wp-json\/wp\/v2\/posts\/2723","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dk-metalsurfacetreatment.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dk-metalsurfacetreatment.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dk-metalsurfacetreatment.com\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/dk-metalsurfacetreatment.com\/en\/wp-json\/wp\/v2\/comments?post=2723"}],"version-history":[{"count":8,"href":"https:\/\/dk-metalsurfacetreatment.com\/en\/wp-json\/wp\/v2\/posts\/2723\/revisions"}],"predecessor-version":[{"id":5969,"href":"https:\/\/dk-metalsurfacetreatment.com\/en\/wp-json\/wp\/v2\/posts\/2723\/revisions\/5969"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dk-metalsurfacetreatment.com\/en\/wp-json\/wp\/v2\/media\/4688"}],"wp:attachment":[{"href":"https:\/\/dk-metalsurfacetreatment.com\/en\/wp-json\/wp\/v2\/media?parent=2723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dk-metalsurfacetreatment.com\/en\/wp-json\/wp\/v2\/categories?post=2723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dk-metalsurfacetreatment.com\/en\/wp-json\/wp\/v2\/tags?post=2723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}