steel
The Steel category covers production, exports, imports, pricing trends, and market shifts in the steel industry. It explores raw material sourcing, sustainability initiatives, infrastructure demand, and trade policies, providing insights into investment trends, supply chain challenges, and industry competitiveness.
Iron & steel products: Vietnam exports down 8.07 percent in April, USA top destination
Vietnam’s exports of iron and steel products reached US$486.45 million in April 2025, according to figures released by Vietnam’s General Department of Customs. This represents a decrease of 8.07 percent compared to March, with a year-to-date (YTD) export value of US$1.86 billion.
Iron & steel products: Vietnam imports up 3.43 percent in April, China dominates
Vietnam’s imports of iron and steel products reached US$642.50 million in April 2025, according to figures released by Vietnam’s General Department of Customs. This represents a 3.43 percent increase compared to the import value in March, with a year-to-date import value of US$2.28 billion for this category.
Iron & steel: Vietnam exports up 10.44 percent in April, India top destination
Vietnam’s exports of iron and steel reached US$709.99 million in April 2025, according to figures released by Vietnam’s General Department of Customs. This represents an increase of 10.44 percent compared to March, with a year-to-date (YTD) export value of US$2.49 billion.
Iron & steel: Vietnam imports up 5.71 percent in April, China remains top supplier
Vietnam’s imports of iron and steel reached US$962.88 million in April 2025, according to figures released by Vietnam’s General Department of Customs. This represents a 5.71 percent increase compared to the import value in March, with a year-to-date import value of US$3.61 billion for this category.
Steel: Hoa Phat says U.S. tariffs unlikely to impact Vietnam exports directly
US Section 232 tariffs already apply to Vietnamese steel and will not be expanded, Hoa Phat CEO Nguyen Viet Thang has told Financial Street as reported by The Investor.
Vietnam’s iron and steel exports rise by 20.05 percent in March
Vietnam’s iron and steel exports rose by 20.05 percent in March compared to February, reaching US$642.87 million, according to data from Vietnam’s General Department of Customs.
Vietnam’s iron and steel product imports rose over 26 percent in March
Vietnam imported US$621.18 million worth of iron and steel products in March, up 26.28 percent from February, according to Vietnam’s General Department of Customs. This brought the total import value for the first three months of the year to US$1.63 billion.
Steel: India imposes 12% duty on flat steel imports from Vietnam and China
India has imposed a 12 percent duty on flat steel imports from Vietnam and China for 200 days, aiming to shield its domestic steel sector from surging low-cost shipments of steel, according to The Hindu’s Business Line.
Vietnam steel exports targeted in EU anti-dumping ruling
The European Commission has imposed a provisional anti-dumping duty of 12.1 percent on hot-rolled flat steel products exported from Vietnam, citing material injury to EU producers. The measures follow a formal complaint from EUROFER and are part of a broader action also covering Egypt and Japan.
Vietnam imposes temporary anti-dumping duties on China, South Korea coated steel
Vietnam’s Ministry of Industry and Trade (MoIT) will issue temporary anti-dumping duties on certain coated steel products originating from China and South Korea per Decision 914/QD-BCT. The move aims to protect domestic manufacturers from a surge in low-priced imports, according to a statement on its website.
Vietnam’s iron and steel production remains elevated despite January decline
Vietnam’s iron, steel, and cast iron production surged by 225.2 percent in January compared to the 2019 baseline, according to Vietnam’s Industrial Production Index. However, this marked a decline from December 2024, when output was up 260.2 percent from 2019 levels.
Vietnam’s iron and steel product imports rise by 4.60 percent in December
China remained the top supplier, exporting US$430.29 million in December, up 4.32 percent month-on-month. South Korea followed with US$65.80 million, a 5.35 percent increase. The USA and Germany showed notable growth, with imports rising 28.88 percent and 24.00 percent, respectively.
Vietnam’s iron and steel products exports rise by 23.05 percent in December
Vietnam’s iron and steel products exports total US$4.59 billion for 2024.
Vietnam’s iron and steel exports decline by 11.08 percent in December
Vietnam’s iron and steel exports total US$9.08 billion for 2024, reflecting strong demand despite the month-on-month decline.
Vietnam’s iron and steel production estimated to reach 21.74 million tons in 2024
In November 2024, the country produced 1.71 million tons of iron and steel, showing stable output despite a slight increase in December.
Vietnam’s iron and steel imports hit US$1.08 billion in December
China remained the largest supplier, contributing US$568.42 million, a 3.19 percent rise from November. Japan recorded the most significant monthly growth among major suppliers, surging by 24.57 percent to US$168.35 million. Imports from South Korea also rose by 9.51 percent to US$152.13 million.
Vietnam’s rolled steel production estimated to reach 18.55 million tons in 2024
In November 2024, the country produced 1.57 million tons of rolled steel, maintaining a solid output despite a slight decrease in December.
Vietnam’s iron and steel exports fall in November
Year-to-date exports stood at US$8.55 billion, with the United States being the top market, importing US$72.9 million in November, a rise of 22.67 percent.
Vietnam’s iron and steel exports rise in November
Year-to-date exports stood at US$4.09 billion, with the USA as the largest importer at US$1.17 billion, despite a 10.44 percent monthly decline. Japan followed with US$559.99 million, experiencing a modest growth of 1.23 percent.
Vietnam’s iron and steel imports fall sharply by 31.9 percent in November
China remained Vietnam’s largest supplier, accounting for US$550.87 million, though this reflected a sharp drop of 46.04 percent month-on-month. Imports from South Korea grew by 8.17 percent, reaching US$138.92 million, while Japan recorded a 12.70 percent increase to US$135.15 million.
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