Developing the steel sector with a rational and balanced structure, with a focus on in-depth development, improving productivity, quality, efficiency and competitiveness; making maximum and effective use of domestic raw materials; capitalizing on international advantages and opportunities; proactively participating more deeply in global production value chains; and gradually enhancing the productivity, quality, efficiency and competitiveness of the steel industry in the global market.

This is the requirement set out in Plan No. 07/KH-UBND on implementing the strategy for steel industry development through 2030, with a vision to 2050, recently issued by the Dong Nai City People’s Committee.

Dong Nai City requires that the development of the steel sector closely follow the Party’s directives and resolutions, socio-economic development strategies, relevant sectoral and field development strategies, and the planning of Dong Nai City, in order to build the steel sector into one of the foundational industries. The sector is to develop independently and autonomously, making an important contribution to the country’s industrialization and modernization while ensuring national defense and security.

The steel sector will be developed on the basis of investment, technological innovation, modern and environmentally friendly equipment, and adaptation to climate change. Small-scale production facilities must meet technological and environmental requirements under an appropriate transition roadmap; natural resources must be used effectively, with a view toward green growth and sustainable development.

As specific targets, Dong Nai requires that by 2030, the city ensure a stable supply of construction steel to serve socio-economic development in the city; 100% of steel-related projects in the city fully comply with regulations on investment, land and the environment; and gradually increase the proportion of high value-added steel products such as alloy steel, stainless steel and high-quality steel serving manufacturing, production, transport vehicle and energy industries, including automobiles, shipbuilding and railways.

Regarding steel products, priority will be given to developing products with advantages and high domestic demand that are not yet produced domestically. The city will focus on investing in projects applying advanced and modern steel production technologies, producing “green” steel, alloy steel, steel for the manufacturing sector, and highly competitive products capable of participating in global value chains.

Regarding raw materials, the Dong Nai City People’s Committee said there are currently no planned areas in the city for the exploitation or reserve of iron ore minerals.

“The use of iron ore as a raw material for steel production is based on the effective use of domestic iron ore resources; diversification of iron ore and scrap steel supply sources; encouragement of investment in maximizing domestic iron ore exploitation and developing additional supply sources, including imports; while at the same time seeking partners and building cooperative relationships with reputable and reliable suppliers of iron ore and scrap steel in the international market,” the Dong Nai City People’s Committee stated.

In addition, Dong Nai will focus on developing steel enterprises toward modernization and sustainability, using new technologies and reducing greenhouse gas emissions in order to enhance competitiveness in international integration.

The city will establish a system of enterprises supporting the steel industry, including suppliers of raw materials, fuel, infrastructure, services and auxiliary production materials, in order to provide timely support for domestic steel producers in product development and consumption.

Dong Nai City is currently implementing a series of national and regional key projects. Among them, airport, expressway, logistics, industrial park and real estate projects are driving high demand for steel, which is forecast to increase sharply in the coming years.

In addition to ongoing projects such as Long Thanh Airport, connecting roads, Ring Road 3, Ring Road 4 of Ho Chi Minh City through Dong Nai, the Bien Hoa - Vung Tau Expressway, and airport connection routes such as Huong Lo 2, T1 and T2, which are being accelerated, large volumes of rebar and coil steel will be needed.

Along with this, in 2026, Dong Nai will begin construction on a series of projects such as Cat Lai Bridge, Dong Nai 2 Bridge connecting with Ho Chi Minh City, and bridges connecting the former Binh Duong area with Dong Nai. Notably, these include the extended Metro line from Suoi Tien to the city’s administrative center and Long Thanh Airport.

According to the Vietnam Steel Association, in 2026, thanks to policies promoting public investment and the recovery of residential real estate, the steel industry is forecast to grow by 8-10%, with domestic steel consumption demand estimated at 26 million tonnes.

Source: https://bnews.vn/