STEEL MARKET IN JULY STABILIZES, OPENING A GOLDEN OPPORTUNITY FOR INVESTORS

07.03.2025

(Tay Nam Steel) – On July 3, 2025, according to the latest update from the Vietnam Steel Association (VSA), the domestic steel market in July continues to show clear signs of recovery: steel prices remain stable, demand is rising thanks to increased public investment, and domestic supply remains steady. This is considered a favorable time for investors and contractors to proactively secure materials and get ahead of the peak construction season at the end of the year.

Steel Output Continues Steady Growth

According to data from the Vietnam Steel Association (VSA), in the first quarter of 2025, crude steel output reached 5.81 million tons (up 9.1%) and finished steel reached 7.464 million tons (up 5.7%) compared to the same period in 2024.
These figures indicate that the steel industry is experiencing a positive recovery, driven by strong domestic demand—especially from public investment projects.

(Source: VSA)

Three Key Factors Stabilizing the Steel Marke

According to statistical data, three main factors are contributing to the gradual stabilization of the steel market:

Optimized Production Costs

The prices of iron ore and coking coal—two primary input materials—have dropped significantly in recent months, while steel selling prices have only seen a slight increase. This cost balance allows manufacturers to improve their gross profit margins, strengthen supply capabilities, and help stabilize market prices.

Protection of the Domestic Market

The implementation of anti-dumping duties on imported steel from China is a positive move, creating a level playing field and supporting the sustainable growth of Vietnam’s steel industry.

Strong Growth Expected in Q2/2025

With efficient production and favorable input prices, several enterprises in the sector expect to achieve over 20% profit growth in Q2. This continues to reinforce confidence in the recovery and stabilization trend for the second half of the year.

Tay Nam Steel – Steadfast with Vietnam’s Steel Industry

Amid the positive signals from the steel market in July 2025, Tay Nam Steel is proactively seizing the opportunity to enhance its supply capacity, ensure quality control, and improve customer service.
In the context of stable material prices and a secure supply chain, we are focused on building a strong and flexible distribution network to better serve construction projects nationwide.

With a sustainable development strategy, Tay Nam Steel is committed to delivering high-quality steel sheet products that meet technical standards and are always ready to accompany our partners with a cooperative spirit, timely market updates, and a team of experienced consultants.

Stay tuned to Tay Nam “Steel Industry News” section for the latest updates on the steel market!

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#SteelIndustryNews
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#SteelIsUs

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