en.Wedoany.com Reported - In the list of the world's top ten crude steel producers published by the World Steel Association (Worldsteel), Vietnam has made the list for the first time. In April 2026, Vietnam's crude steel (billet) output reached 2.1 million tons, a year-on-year increase of 4%, surpassing Italy with this output to enter the global top ten. In the first four months of this year, Vietnam's cumulative crude steel output was 8.5 million tons, a year-on-year increase of 8.4%.

Information released by the Vietnam Steel Association shows that the country's steel industry has achieved leapfrog development in both production scale and product variety. In 2000, Vietnamese steel mills mainly relied on imported billets, which were then rolled into construction steel to meet domestic demand; since 2010, the industry has made significant progress in autonomous production, capable of producing various types of steel used in machinery manufacturing, shipbuilding, energy (such as wind power, offshore drilling platforms), and the national defense industry.

Multiple large-scale, modern integrated steel production complexes have been built and put into operation. Among them, the Dung Quat Hoa Phat integrated steel production complex took the lead in producing high-difficulty, high-quality steel, including machinery manufacturing steel, automobile tire cord steel, welding wire steel, spring steel, bolt steel, crane steel, prestressed steel, as well as high-speed railway rail steel and section steel products.

In 2023, Vietnam's crude steel output was 20 million tons, ranking 12th globally. By 2025, output increased to 24.6 million tons, ranking rose to 11th, making it the largest producer in Southeast Asia. Among them, Hoa Phat Group contributed the most, with an output of approximately 11 million tons, accounting for 44.7%, followed by Vietnam Steel Corporation (Vnsteel) and Formosa and other enterprises.

In 2026, Hoa Phat Group's crude steel output is expected to exceed 14 million tons, a year-on-year increase of 30%, further consolidating Vietnam's position as one of the world's top ten steel producers.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com