SUMMARY
 
Main highlights of the Steel industry in the first 2 months of the year:
World and domestic steel prices have decreased over the past 2 months
The industry's recovery is mainly thanks to exports
Although the business situation of businesses is gradually improving, most businesses still face many difficulties
The amount of cheap steel imported from China continues to increase, making it even more difficult for domestic businesses.
 
Outlook: Although the export situation is very positive. In particular, Vietnam's steel exports can benefit from Europe's control of imports of semi-finished steel products originating from Russia. However, global steel demand recovery is still weak, and businesses in the industry will also face several challenges related to China's policy of increasing exports, the EU's carbon border adjustment mechanism (CBAM), and trade defense policies...
 
TABLE OF CONTENTS
 
A. GENERAL PERCEPTION

B. THE WORLD'S CRUDE STEEL SUPPLY

C. VIETNAM & WORLDWIDE STEEL PRICE PERFORMANCE 

D. SITUATION OF STEEL MARKET IN VIETNAM
Overview of Production - Consumption of domestic steel 
Production situation of each item 
The situation of steel consumption in the whole country & of VSA member enterprises 
Export situation of the whole industry 
Import situation of the whole industry