[General Administration of Customs: China Imported 116.28 Million mt of Coal and Lignite in Q1]

[SMM Steel] Hoa Phat Group has commissioned a new steel pipe plant with an investment of VND 2 trillion (~$80 million) and capacity of 400,000 tonnes per year, lifting total pipe capacity to 1.2 million tonnes per year and maintaining ~35% domestic market share. The plant supplies construction-grade pipes (black pipes, galvanized, large-size pipes) for major projects such as Long Thanh Airport. Q1 pipe sales reached 241,000 mt (+30% YoY), with strong demand in southern Vietnam.

Bao Gang United Steel released its 2025 annual report, reporting revenue of 66.358 billion yuan, down 2.54% YoY, and net profit attributable to shareholders of the publicly listed firm of 374 million yuan, up 41.19% YoY. During the reporting period, the company produced 14.9575 million mt of pig iron, 15.7313 million mt of steel, and 14.7225 million mt of commercial billets and finished products, as well as 801,100 mt of fluorite concentrates.

According to the latest data from the General Administration of Customs, in March 2026, China exported 5.28 million mt of steel sheets & plates, down 19.1% YoY; cumulative exports from January to March totaled 14.6 million mt, down 16.3% YoY. In March, China exported 1.92 million mt of steel bars, up 15.5% YoY; cumulative exports from January to March totaled 4.23 million mt, up 2.7% YoY.