📋 Tender Overview
The supply and demand of many domestic steel products, along with the strong increase of imported steel, will cause competitive pressure on the price of finished steel products and competition in the domestic market will become more fierce. Nam 2025, cong nghiep thep tiep tuc phai doi mat voi cac kho khan thach thucDanh gia tong quan ve tinh hinh san xuat kinh doanh cua nganh thep trong nam 2024 tai Hoi nghi giao ban xuc tien thuong mai voi He thong thuong vu Viet Nam moi day, ong Dinh Quoc Thai, Tong thu ky kiem Pho Chu tich Hiep hoi Thep Viet Nam (VSA) cho biet, thi truong thep the gioi tiep tuc doi mat voi nhieu kho khan do xung dot dia chinh tri, canh tranh chien luoc tren the gioi va cang thang thuong mai, dut gay chuoi cung ung of the global market and many other causes. In 2024, negative growth was only 1,839 billion tons of crude steel (down 0.9% compared to 2023 and 2023 by 0.8% compared to 2022). Raw steel production reached more than 21.98 million tons, up 14% over the same period in 2023; Internal crude and sold steel consumption reached 21.41 million tons, up 14% over the same period in 2023. Of which, mainly exporting flat embryos (SLAB) reached 2,783 million tons, up 55% over the same period of 2023. Finished steel production of all kinds reached 29,443 million tons, up 6.1%. In particular, the production of metal and colored steel sheet is 23.1%, construction steel increased by 10.1%, steel pipes increased by 3.5%and HRC was 1.5%. Only producing cold rolled rolls recorded negative growth of 19.4%. The finished steel product reached 29.09 million tons, up 10.4% over the same period. In particular, the export of finished steel products in 2024 reached 8.042 million tons, down slightly 0.6% compared to the same period 2023; In which all items recorded a hot rolling growth of 33.8%. It is expected to achieve positive results, however, VSA recognizes the recovery of the steel industry is still slow and has not achieved results in 2021. Specifically, the production of raw steel is only 95% (23 million tons) compared to 2021, the production of finished steel products is only 89% (33 million tons). Faced with challenges such as: China continues to increase export, as the domestic market is weak. Vietnamese steel manufacturers are facing the risk of losing the domestic market, greatly affecting the efficiency and jobs of workers. The supply and demand of many domestic steel products, along with the strong increase of imported steel, will cause competitive pressure on the price of finished steel products and competition in the domestic market will become more fierce. Potential risks for steel manufacturers. In addition, factors fluctuating to the raw material price ... will certainly increase costs for steel production. Vietnams steel exports in the coming time, Mr. Thai said. early to find opportunities and limit risks to the change of trade policies of major countries. Specifically: The subsequent decisions of the US government related to the subject and the duration of taxpayer, the time limit for deferring the tax for each subject under Clause 232 of the US Expansion Commercial Law in 1962; Negotiate and update the content of the carbon tax on each steel product according to the CBAM mechanism and monitor the EC procedures to bring Vietnam into the list of countries that are imported scrap from the EU early warning to the parties to supplement the procedure (if necessary). At the same time, VSA suggested that the management agency needs to promote and improve the capacity to protect domestic production, in the direction of the input input for the water products. Improving the capacity of trade defense for businesses, in the immediate future to solve the status quo of China steel is competing in unfairly in Vietnam market, in terms of medium and long term, steel prevention of large competitive economies in Vietnam market. Especially, it is necessary to ensure ventilation output from market research, introduction of steel products made in Vietnam; trade promotion promotes steel exports to new markets; continue to simplify export procedures; Early warning and improving the application capacityDeputy to foreign trade defense cases initiated by investigation (negotiate, exchange, present arguments and views of Vietnam on the conclusions of the investigating agency, support the consultation in public consultations in the lawsuit ...) in order to create a competitive advantage of Vietnam steel in traditional markets, clear the flow of Vietnamese steel to the global market.
