Vietnam has officially surpassed Italy to become one of the workd’s top 10 steel producers.

The World Steel Association (Worldsteel) has released its
latest rankings of the world’s largest crude steel producers, marking the first
time Vietnam has secured a position in the global Top 10.

According to Worldsteel’s estimates for April 2026,
Vietnam’s crude steel output reached 2.1 million tons, a 4% increase compared
to the same period last year. With this achievement, Vietnam has officially
surpassed Italy to become one of the world’s top 10 steel producers. 

For the first four months of the year, Vietnam’s total crude
steel production reached 8.5 million tons, up 8.4% over the same period in
2025.

The Vietnam Steel Association (VSA) highlighted that the
industry has undergone a major transformation in both production scale and
product diversity. In 2000, domestic steel mills were largely dependent on
imported billets for construction steel. However, over the past decade, and
particularly since 2010, the industry has made remarkable strides toward
self-sufficiency.

Today, Vietnamese steel enterprises are capable of
manufacturing a comprehensive range of products to meet all economic sectors,
including mechanical engineering, shipbuilding, energy (wind power and oil
rigs), and the defense industry.

Vietnam’s ascent in the global rankings has been steady and
rapid. In 2023, the country ranked 12th worldwide with a crude steel output of
20 million tons. By 2025, production rose to 24.6 million tons, making Vietnam
the largest producer in Southeast Asia and the 11th largest globally, before
officially breaking into the Top 10 this year.

Vneconomy-Thanh Xuân