Southern Steel - VNSTEEL Exports High-Quality Steel Wire Rods to the EU

In early November 2026, Southern Steel Company Limited - VNSTEEL (SSCV) continued to expand its export markets by signing a contract to export high-quality steel wire rods to Lithuania, EU, further affirming the international competitiveness of the Southern Steel /V/ brand, a Vietnam National Brand.

Against the backdrop of an increasingly sustainability-driven global steel market, particularly as the European Union’s Carbon Border Adjustment Mechanism (CBAM) officially entered its implementation phase in 2026, manufacturing technology has become one of the key factors determining the competitiveness of steel producers. Southern Steel has demonstrated its strong capabilities in this regard.

With its modern production line based on Danieli’s electric arc furnace (EAF) technology from Italy, Southern Steel has an advantage in controlling and significantly reducing carbon emissions compared with many conventional steelmaking technologies based on blast furnaces. This provides an important foundation for Southern Steel /V/ products to progressively align with the global transition toward low-emission steel (green steel), meeting the increasingly stringent requirements of international markets.

In addition to the EU market, Southern Steel is currently cooperating with various partners to export its products to markets including Canada, Australia, ASEAN, and others. This demonstrates the positive prospects for the Southern Steel /V/ brand in further integrating into the global steel supply chain.

At the same time, it reaffirms Southern Steel’s steadfast commitment to sustainable development and strengthening its competitiveness, with the aim of progressively establishing the position of a Vietnamese steel brand in international markets.