On April 12, NKG released its performance report. In the first quarter of 2021, its steel output reached 244301 tons, and its export volume reached a record high of 151992 tons. Its export products were mainly sold to European and American countries.

NKG, located in Ho Chi Minh City, Vietnam, is one of the most important steel enterprises in Vietnam. According to the report, NKG steel production reached 101766 tons in March. Among them, galvanized sheet production accounted for the largest proportion, 44320 tons; The output of cold rolled sheet is 23635 tons; The output of color coated board is 11031 tons; Steel pipe production is 22780 tons. In March, NKG sold 103481 tons of steel, of which exports accounted for about 60%, reaching 62422 tons.

In 2020, NKG's total revenue will be close to 11.56 trillion dong (about US $501 million), slightly lower than that in 2019; After tax profit is 295.3 billion Dong, about six times higher than that in 2019. NKG said it expects total revenue to grow 38% year-on-year in 2021 to 16 trillion dong; After tax profit reached 600 billion Dong.

According to data research released by Vietnam Steel Association, due to the government's active investment in infrastructure construction, real estate, manufacturing and processing industries are showing signs of recovery. Steel demand is expected to grow by 8% in 2021, and steel exports are expected to be further improved. Many steel companies are optimistic about 2021.