The economy of Vietnam is growing to become one of the fastest in Southeast Asia, where steel production contributes highly to it. Booming construction, automobile, and manufacturing sectors of Vietnam have enhanced its growth with regards to production capacity.\
This report brings the list of top 10 biggest steel mills in Vietnam during 2025 and goes into details on the contributions by each. We will further emphasize how Midwest Steel is involved with these majors to ensure quality steel supply across markets.
1. Hoa Phat Group
Hoa Phat Group is the largest steel producer in Vietnam. It has a wide range of products, including construction steel, hot-rolled coil (HRC), and galvanized steel, which are produced at several modern steel complexes in Hai Duong and Quang Ngai provinces. The Dung Quat Steel Integrated Complex is a significant cornerstone of Vietnam’s steel industry, which meets domestic and export demands. Innovation and sustainability set Hoa Phat apart.
2. Formosa Ha Tinh Steel Corporation (FHS)
Located in Ha Tinh province, Formosa Ha Tinh Steel is one of the largest foreign-invested steel companies in Vietnam. This state-of-the-art facility specializes in producing HRC and slab steel, meeting the needs of both domestic and international markets. FHS is renowned for its advanced technology and massive production capacity, playing a crucial role in Vietnam’s steel exports.
3. Ton Dong A Corporation
As a leading manufacturer of galvanized steel and color-coated steel products, Ton Dong A Corporation is a vital player in Vietnam’s steel industry. Their high-quality products serve the construction, home appliance, and automotive industries. The company’s focus on research and development has allowed it to maintain a competitive edge in the domestic and global markets.
4. Nam Kim Steel Joint Stock Company
Nam Kim Steel has premium quality steel products such as cold-rolled steel, galvanized steel, and pre-painted steel sheets. Situated in Binh Duong province, Nam Kim Steel is well represented in export markets with deliveries to over 50 countries around the world. Its commitment to sustainability and sophisticated manufacturing practices place it at the heart of Vietnam’s steel production.
5. Vietnam Steel Corporation (VNSteel)
Vietnam Steel Corporation, a state-owned enterprise, has been a major player in the industry for decades. VNSteel’s extensive portfolio includes construction steel, billet, and flat steel products.
The corporation is known for its strategic partnerships and investments in modernizing its facilities to improve efficiency and output.
6. Hoa Sen Group
Hoa Sen Group is one of Vietnam’s largest manufacturers of steel sheets and galvanized steel. With an extensive distribution network and exports to over 80 countries, Hoa Sen is a leader in both domestic and international markets. The company’s commitment to high-quality products and customer satisfaction has earned it a strong reputation.
7. Pomina Steel Corporation
Pomona Steel is a prominent producer of construction steel in Vietnam. Its modern facilities, located in Ba Ria-Vung Tau province, are equipped with cutting-edge technology to ensure high-quality products. Pomina’s dedication to environmental sustainability and energy efficiency has made it a trusted name in the industry.
8. Southern Steel Corporation (SSC)
SSC, a subsidiary of VNSteel, focuses primarily on construction steel and billet production. The company’s facilities are strategically located in southern Vietnam to meet the growing demand in the region. SSC’s emphasis on quality and cost-efficiency has solidified its position in the market.
9. Thai Nguyen Iron and Steel Joint Stock Corporation (TISCO)
TISCO, one of Vietnam’s oldest steel manufacturers, specializes in construction steel and flat steel products. Based in Thai Nguyen province, the company is known for its consistent quality and reliability. TISCO’s long history and experience make it a cornerstone of Vietnam’s steel industry.
10. Dong A Steel Sheet Joint Stock Company
Dong A Steel specializes in galvanized and color-coated steel sheets, catering to the construction, manufacturing, and home appliance industries. The company’s focus on innovation and customer-centric solutions has helped it maintain a strong position in the competitive steel market.
Midwest Steel’s Role in Vietnam’s Steel Industry
Whilst Vietnam’s steel sector remains a locality of strong local players, Midwest Steel has built a sizeable position as a reliable supplier of premium steel products. In collaboration with the leading steel mills of Vietnam, Midwest Steel ensures smooth supply chain operations and access to premium products for its global customers.
Midwest Steel provides a reliable network for sourcing, processing, and distributing steel products to businesses that are involved in construction, the automotive industry, and manufacturing sectors. By harnessing its widespread network and extensive experience, Midwest Steel bridges the gap between Vietnamese steel manufacturers and international markets.
Key Factors Driving Vietnam’s Steel Industry Growth
The growth of Vietnam’s steel industry can be attributed to several factors:
- Robust Construction Sector: Vietnam’s infrastructure development and urbanization are driving demand for construction steel.
- Export Opportunities: With competitive pricing and high-quality products, Vietnamese steel mills are expanding their export reach.
- Technological Advancements: Investments in modern manufacturing facilities and sustainable practices are enhancing production efficiency.
- Strategic Partnerships: Collaborations with global suppliers like Midwest Steel ensure access to advanced technology and international markets.
Conclusion
In addition, the leading Top 10 steel mills in Vietnam are set for continued growth in future years. For construction and manufacturing, and then exported globally, these companies raise standards regarding quality and innovation. Collaboration of Midwest Steel with Vietnam’s largest steel producers further extends the global dominance of the steel industry, so that premium supply of steel to the market meets changing demands and needs.
As the supply of steel continues to grow, Vietnam’s steel mills, with help from partners such as Midwest Steel, are poised to drive the course of the world’s future iron, steel, and manufacturing landscape.
