Despite Covid, Vietnam’s Steel Industry Grows Thanks to Export

Despite Covid, Vietnam’s Steel Industry Grows Thanks to Export

To address challenges in steel consumption domestically, steel businesses in Vietnam are looking to boost exports.
Vietnamese steel exports to China surge 12 times in ten months

Vietnamese steel exports to China surge 12 times in ten months

Vietnam’s steel exports to China surged 12 times between January and October, according to statistics by the Vietnam Steel Association (VSA).
Steel exports to China surge 19 times in eight months

Steel exports to China surge 19 times in eight months

Vietnam’s steel exports to China expanded19 times to 2.07 million tonnes between January and August.
Hoa Phat Group to export 120,000 tonnes of steel billets to China

Hoa Phat Group to export 120,000 tonnes of steel billets to China

Vietnam’s steelmaker Hoa Phat has signed a contract selling 120,000 tonnes of steel billets worth over 1 trillion VND (nearly 43 million USD) to China’s firm Hangzhou CIEC Group Co., Ltd. The contract was considered the largest order ever received by Hoa Phat. 
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