[Vietnam's steel sector has strong growth in H1 2026 led by hot-rolled coil]

Published: Jul 27, 2026 17:20

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Hot-rolled coil was the primary growth driver in Vietnam's steel sector during H1 2026. HRC output rose 41.9% to 5.4 million tonnes, sales increased 36.8% to 5.3 million tonnes, and exports jumped 62.2% to 758,000 tonnes. Construction steel production rose 19.3% to 7.7 million tonnes and sales rose 15.1% to 7.6 million tonnes. Crude steel output reached 15.18 million tonnes, up 26.9%, and total crude sales reached 14.8 million tonnes, up 25.5%, including 1.696 million tonnes exported. Finished steel output rose 15.1% to 18.2 million tonnes, and sales reached 17.95 million tonnes, up 14.2%. Most segments grew, except coated and cold-rolled steel, which both dropped.

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