{"id":5169,"date":"2026-08-03T06:00:55","date_gmt":"2026-08-02T23:00:55","guid":{"rendered":"https:\/\/dk-metalsurfacetreatment.com\/?p=5169"},"modified":"2026-08-26T16:09:39","modified_gmt":"2026-08-26T09:09:39","slug":"growth-of-vietnams-steel-market","status":"publish","type":"post","link":"https:\/\/dk-metalsurfacetreatment.com\/en\/growth-of-vietnams-steel-market\/","title":{"rendered":"What lies behind the nearly 27% growth of Vietnam&#8217;s steel market?"},"content":{"rendered":"<ul>\n<li><span style=\"font-size: 90%; color: #333399;\"><a style=\"color: #333399;\" href=\"https:\/\/dk-metalsurfacetreatment.com\/viet-nam-top-10-nuoc-san-xuat-thep\/\">VIETNAM RISES TO THE TOP 10 LARGEST STEEL-PRODUCING COUNTRIES IN THE WORLD<\/a><\/span><\/li>\n<li><span style=\"font-size: 90%; color: #333399;\"><a style=\"color: #333399;\" href=\"https:\/\/dk-metalsurfacetreatment.com\/dau-tu-cong-nganh-thep\/\">PUBLIC INVESTMENT ACCELERATES: A LEVER TO PROMOTE THE STEEL INDUSTRY<\/a><\/span><\/li>\n<li><span style=\"font-size: 90%; color: #333399;\"><a style=\"color: #333399;\" href=\"https:\/\/dk-metalsurfacetreatment.com\/thep-viet-nam-but-pha-giai-doan-moi\/\">VIETNAM&#8217;S STEEL INDUSTRY STRENGTHENS DOMESTIC TRADE REMEDIES, IMPROVES INTERNAL RESOURCES TO MAKE A BREAKTHROUGH IN THE NEW PERIOD<\/a><\/span><\/li>\n<\/ul>\n<h2><span style=\"font-size: 90%;\"><strong>Vietnam&#8217;s steel market in 2026 breaks through thanks to the thrust from public investment and domestic demand<\/strong><\/span><\/h2>\n<p>After a period of being heavily affected by global economic fluctuations, <strong>\u00a0Vietnam&#8217;s steel market in 2026<\/strong> is showing clear signs of recovery. The increase in public investment, large-scale infrastructure projects along with the gradual prosperity of the real estate market have created an important driving force for the steel industry to grow strongly in the first 6 months of the year.<\/p>\n<p>Not only recording a high increase in production and consumption, the steel industry also continues to affirm Vietnam&#8217;s position in the group of leading steel-producing countries in the world. This is considered an important foundation for steel enterprises to expand production scale and improve competitiveness in the coming period.<\/p>\n<h2><span style=\"font-size: 90%;\"><strong>Steel production increased by nearly 27%, Vietnam continues to maintain its position on the world steel map<\/strong><\/span><\/h2>\n<p>According to data from the Vietnam Steel Association (VSA), in the first 6 months of 2026, crude steel output will reach <strong>15.18 million tons<\/strong>, up <strong>26.9%<\/strong> over the same period in 2025. This increase is significantly higher than the growth rate of the processing and manufacturing industry (11.4%), the whole industry (10.8%) and the construction industry (9.51%).<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-5151 size-full\" src=\"https:\/\/dk-metalsurfacetreatment.com\/wp-content\/uploads\/2026\/07\/thep3.jpg\" alt=\"Vietnam's steel\" width=\"500\" height=\"375\" \/><\/p>\n<p>In the same period, crude steel consumption reached <strong>14.81 million tons<\/strong>, up <strong>25.5%,<\/strong> while crude steel exports reached <strong>1.696 million tons<\/strong>, up <strong>5.3%.<\/strong> These figures show that market demand is recovering strongly and Vietnam continues to maintain its position in\u00a0 the <strong>Top 10 largest crude steel producing countries in the world<\/strong>.<\/p>\n<h2><span style=\"font-size: 90%;\"><strong>Domestic steel consumption grew positively, many segments regained momentum<\/strong><\/span><\/h2>\n<p>Not only crude steel, the finished steel group also recorded positive results.<\/p>\n<p>In the first 6 months of 2026:<\/p>\n<ul>\n<li>Finished steel production reached <strong>18.21 million tons<\/strong>, up <strong>15.1%.<\/strong><\/li>\n<li>Consumption of finished steel products reached <strong>17.954 million tons<\/strong>, up <strong>14.2%<\/strong> over the same period last year.<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-5149 size-full\" src=\"https:\/\/dk-metalsurfacetreatment.com\/wp-content\/uploads\/2026\/07\/Tin-tuc-nganh-thep.png\" alt=\"Vietnam's steel\" width=\"602\" height=\"260\" \/><\/p>\n<p>The recovery mainly came from the construction <strong>steel<\/strong> and <strong>hot-rolled steel <\/strong>groups, thanks to the growing demand of infrastructure, industrial and civil projects.<\/p>\n<p>However, the growth picture is still divergent. Galvanized steel and cold-rolled steel continued to decline in both output and consumption because export demand has not fully recovered and is affected by the international market.<\/p>\n<h2><span style=\"font-size: 90%;\"><strong>Steel exports face many challenges but still maintain stable momentum<\/strong><\/span><\/h2>\n<p>In addition to the prosperous domestic market, export activities are still under pressure from trade remedies and the trend of green transformation in many countries.<\/p>\n<p>According to VSA, although exports in June and the second quarter of 2026 have improved, this result has not yet made up for the decline in the first months of the year. Steel enterprises are actively expanding the market and improving product quality to adapt to the increasingly demanding requirements of import markets.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-5157 \" src=\"https:\/\/dk-metalsurfacetreatment.com\/wp-content\/uploads\/2026\/07\/XUNG-DOT-TAI-IRAN-VA-SU-TAC-DONG-DEN-NGANH-THEP-TOAN-CAU-1024x919.jpg\" alt=\"th\u1ecb tr\u01b0\u1eddng th\u00e9p Vi\u1ec7t Nam\" width=\"745\" height=\"669\" \/><\/p>\n<p>In the first 6 months of the year, Vietnam imported about <strong>7.8 million tons of iron and steel<\/strong> with a value of more than <strong>5.6 billion USD<\/strong>, while finished steel exports reached about <strong>5.5 million tons<\/strong>, bringing in about <strong>3.7 billion USD<\/strong>.<\/p>\n<h2><span style=\"font-size: 90%;\"><strong>FTA continues to expand development space for Vietnam&#8217;s steel industry<\/strong><\/span><\/h2>\n<p>One of the great advantages of Vietnam&#8217;s steel industry is the network of <strong>19 Free Trade Agreements (FTAs)<\/strong> that have been signed as of the end of June 2026. This creates favorable conditions for businesses to access major markets such as ASEAN, the EU, the United States and India.<\/p>\n<p>However, the trend of increasing anti-dumping, anti-subsidy and technical barrier investigations globally will continue to be a major challenge for export activities. This requires businesses to invest more heavily in technology, green production and improve their capacity to meet international standards.<\/p>\n<h2><span dir=\"auto\" style=\"font-size: 90%;\"><strong>Vietnam Steel\u00a0<\/strong><strong>Market Outlook 2026: A Foundation for Growth in a New Phase<\/strong><\/span><\/h2>\n<p><span dir=\"auto\">Based on production, consumption, and investment trends,\u00a0<\/span><strong><span dir=\"auto\">the outlook for Vietnam&#8217;s steel industry in 2026 is considered positive<\/span><\/strong><span dir=\"auto\">\u00a0. Public investment continues to be boosted, the construction market is gradually recovering, and FTAs \u200b\u200bare opening up more opportunities to access international markets.<\/span><\/p>\n<p><span dir=\"auto\">Despite still facing pressure from trade protectionism and green transition requirements, Vietnam&#8217;s steel industry possesses many favorable foundations to enter a new growth cycle. By effectively leveraging its production capacity, technological innovation, and expanding export markets, steel companies have ample opportunity to enhance their position in the global steel supply chain.<\/span><\/p>\n<p><strong><span dir=\"auto\">Source:<\/span><\/strong><span dir=\"auto\">\u00a0Vietnam Steel Association (VSA),\u00a0<\/span><em><span dir=\"auto\">Vietnam Steel Association Newsletter July 2026<\/span><\/em><span dir=\"auto\">\u00a0; data compiled from VSA and VITIC member companies.<\/span><\/p>\n<p><strong><span style=\"color: #253782;\"><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><\/strong><\/p>\n<p data-rm-block-id=\"block-25\"><strong><span style=\"color: #253782;\"><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><\/strong><\/p>\n<p data-rm-block-id=\"block-25\"><strong><span style=\"color: #253782;\"><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><\/strong><\/p>\n<p data-rm-block-id=\"block-25\"><strong><span style=\"color: #253782;\"><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><\/strong><\/p>\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 data-rm-block-id=\"block-32\">\n<p><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=\"C\u00f4ng ty TNHH Ho\u00e1 Ch\u1ea5t D.K\" width=\"161\" height=\"161\" 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: 161px) 100vw, 161px\" \/><\/p>\n<h3><strong><span style=\"font-size: 90%; color: #253782;\">D.K. Chemicals Co., Ltd.<\/span><\/strong><\/h3>\n<p><span style=\"color: #253782;\">Address: 50 Street No. 12, Cityland Park Hills Residential Area, Go Vap Ward, Ho Chi Minh City<\/span><\/p>\n<p><span style=\"color: #253782;\">Hotline: 0909678599<\/span><\/p>\n<p><span style=\"color: #253782;\">Email: de@dk-chemicals.vn<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"flex: 1; min-width: 300px;\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>VIETNAM RISES TO THE TOP 10 LARGEST STEEL-PRODUCING COUNTRIES IN THE WORLD PUBLIC INVESTMENT ACCELERATES: A LEVER TO PROMOTE THE STEEL INDUSTRY VIETNAM&#8217;S STEEL INDUSTRY STRENGTHENS DOMESTIC TRADE REMEDIES, IMPROVES INTERNAL RESOURCES TO MAKE A BREAKTHROUGH IN THE NEW PERIOD Vietnam&#8217;s steel market in 2026 breaks through thanks to the thrust from public investment and<\/p>\n","protected":false},"author":9,"featured_media":5151,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[801,677],"class_list":["post-5169","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-vietnams-steel","tag-vietnams-steel-industry"],"_links":{"self":[{"href":"https:\/\/dk-metalsurfacetreatment.com\/en\/wp-json\/wp\/v2\/posts\/5169","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=5169"}],"version-history":[{"count":5,"href":"https:\/\/dk-metalsurfacetreatment.com\/en\/wp-json\/wp\/v2\/posts\/5169\/revisions"}],"predecessor-version":[{"id":5798,"href":"https:\/\/dk-metalsurfacetreatment.com\/en\/wp-json\/wp\/v2\/posts\/5169\/revisions\/5798"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dk-metalsurfacetreatment.com\/en\/wp-json\/wp\/v2\/media\/5151"}],"wp:attachment":[{"href":"https:\/\/dk-metalsurfacetreatment.com\/en\/wp-json\/wp\/v2\/media?parent=5169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dk-metalsurfacetreatment.com\/en\/wp-json\/wp\/v2\/categories?post=5169"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dk-metalsurfacetreatment.com\/en\/wp-json\/wp\/v2\/tags?post=5169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}