This figure surpassed the previous peak registered in 2020, while production showed a year on year increase of %12. VSA stated that this performance highlights the strong domestic capacity of integrated steel production complexes in Vietnam and emphasized that these facilities are well positioned to supply materials for major infrastructure mega projects over the next decade.
The association linked the increase in steel production to strong growth in the national economy. Vietnam’s economy expanded by %8.02 in 2025, reaching the highest level recorded during the 2021–2025 period, while industrial output posted a %9.73 increase, representing its strongest performance since 2020.
Total steel sales rose by %12.9 year on year in 2025 to reach 24.1 million tonnes. During the same period, steel exports also recorded an increase of %12.8 compared to 2024, reaching 3.15 million tonnes. VSA noted that this growth was driven by both a recovery in domestic demand and relatively favorable conditions in export markets.
In 2025, Vietnam’s steel sector also achieved notable outcomes in anti dumping and trade remedy investigations conducted in key markets such as the European Union, Canada, Australia, and India. The application of %0 or significantly lower anti dumping duties on steel products originating from Vietnam, compared to other countries under review, supported exporters in maintaining their competitiveness and strengthening their position within global supply chains.
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