Overview of 2024 - 2025 PerformanceAfter a period of fluctuation, Vietnam's steel industry has shown remarkable resilience. In 2024, total steel exports reached approximately 12.62 million tonnes, marking a 13.47% increase in volume compared to 2023. However, 2025 was a challenging year as export volume dipped by over 20% to 10.06 million tonnes, with export value falling to $6.63 billion due to depressed global prices and oversupply.Current Status and Recovery (Early 2026)The industry is currently on a recovery path. In the first four months of 2026, Vietnam exported 3.94 million tons of steel, earning $2.57 billion. This represents a stable growth of nearly 3% in both volume and value compared to the same period in 2025, supported by a gradual recovery in world prices.