en.Wedoany.com Reported - The latest statistics released by the World Steel Association show that Vietnam has entered the global top 10 in crude steel production for the first time, marking a significant milestone for the country's steel industry.

In April this year, Vietnam's crude steel output reached 2.1 million tons, a year-on-year increase of 4%. In the first four months of this year, Vietnam's cumulative crude steel output totaled 8.5 million tons, up 8.4% compared to the same period last year.

The World Steel Association noted that Vietnam's steel industry has achieved rapid expansion in both production capacity and product variety. In the early 2000s, the country's construction steel production was still highly dependent on imported billets, but since 2010, steel self-sufficiency has significantly improved. Today, Vietnam is capable of producing a full range of steel products covering sectors such as mechanical engineering, shipbuilding, energy, and defense industries.

The Hoa Phat Dung Quat Iron and Steel Integrated Complex, under the Hoa Phat Group, holds a leading position in Vietnam's high-end specialty steel manufacturing, with products including tire cord steel, welding wire steel, spring steel, crane steel, prestressed steel, and steel rails for high-speed railways.

According to data from the Vietnam Steel Association (VSA), Vietnam's crude steel output was 19.2 million tons in 2023, rising to 24.7 million tons by 2025. Media reports indicate that Hoa Phat Group accounted for the largest share, with an output of 11 million tons.

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