[SMM Steel] Quang Ngai Explores Steel Investment Cooperation with VNSTEEL

Published: May 29, 2026 19:00
[SMM Steel] Quang Ngai Province and VNSTEEL held discussions on potential steel investment projects in the Dung Quat Economic Zone. Provincial authorities highlighted Dung Quat’s advantages, including its deep-water port infrastructure and established steel industry ecosystem, while indicating readiness to allocate around 15 hectares of land for projects with annual capacities of 500,000-1 million tonnes. The province also pledged support through tax incentives, land policies, and streamlined administrative procedures to attract steel investments and strengthen Vietnam’s steel supply chain.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[SMM Steel Import and Export Analysis] Export Order Taking Improved in July, Will Steel Exports Rebound in August?
Aug 7, 2026 18:45
[SMM Steel Import and Export Analysis] Export Order Taking Improved in July, Will Steel Exports Rebound in August?
Read More
[SMM Steel Import and Export Analysis] Export Order Taking Improved in July, Will Steel Exports Rebound in August?
[SMM Steel Import and Export Analysis] Export Order Taking Improved in July, Will Steel Exports Rebound in August?
Aug 7, 2026 18:45
8.7 SMM Global Steel Daily Report
Aug 7, 2026 18:13
8.7 SMM Global Steel Daily Report
Read More
8.7 SMM Global Steel Daily Report
8.7 SMM Global Steel Daily Report
On August 7 China's steel export prices were mostly steady with flat products extending gains. Some flat-product export prices rose 1 USD/tonne day on day, with HRC transactions at 482-485 USD/tonne; Chinese futures rose for successive sessions in the second half of the week and export FOB prices followed, but traders reported limited actual business after the increase, while at the mill end some traders were buying against earlier orders. Billet export FOB prices were steady, with Jiangyin port offers at 450-455 USD/tonne; offers are largely referenced to the rebar futures basis, overseas enquiries are limited and competition is fierce, with only some exporters covering earlier short billet positions. Rebar export offers at Tianjin port were steady with transactions at 474-480 USD/tonne, as overseas enquiries were unremarkable, wait-and-see sentiment prevailed and domestic traders found exporting difficult.
Aug 7, 2026 18:13
MMi Daily Iron Ore Report (August 7)
Aug 7, 2026 18:10
MMi Daily Iron Ore Report (August 7)
Read More
MMi Daily Iron Ore Report (August 7)
MMi Daily Iron Ore Report (August 7)
Today, the DCE iron ore futures moved steadily today. The most-traded DCE I2609 contract closed at 716.5 yuan/mt, up 0.35% from the previous session. Spot prices at Qingdao Port averaged a decline of about 0–2 yuan/mt from the previous trading day.
Aug 7, 2026 18:10
[SMM Steel] Quang Ngai Province and VNSTEEL held discussions on potent - Shanghai Metals Market (SMM)