Viet Nam's steel industry reported higher output and sales in January–July 2026, but performance varied across product groups. VSA highlights construction steel and hot-rolled coil as growth drivers, while coated and cold-rolled products remained weaker.
BVM editorial adaptation, 10 October 2026. Sources: VSA's 14 August report and worldsteel's July release. All figures here cover January–July 2026, not October market conditions.
Keep production measures separate
VSA reports 17.92 Mt of crude-steel output (+28%), 21.4 Mt of finished-steel production (+15.4%) and 21.186 Mt of finished-steel sales (+15.6%) year on year. These measures cover different stages and should not be combined to infer inventory. Source: VSA.
worldsteel subsequently reports 17.9 Mt of year-to-date crude-steel production, +28.0%, placing Viet Nam tenth in its cumulative top-ten table. Its 17.9 Mt figure is rounded to one decimal place; the table is not a full-year ranking. Source: worldsteel.
Growth was uneven
VSA reports declines in coated-steel production (13.5%) and cold-rolled output (10.2%), with sales down 9.0% and 1.6%, respectively. It estimates roughly 9 Mt of imports (+4.0%) and 6.69 Mt of finished-steel exports (+4.2%) by volume. Import and export measures should be read with their stated scope and rounding. Source: VSA.
BVM view: specify grade, standard, dimensions, material certificate, stock and delivery date for each order. Sector output alone cannot establish price or availability for a particular item. VSA also points to global overcapacity, trade measures and emissions requirements as continuing challenges.
