The Ho Chi Minh City-based Thep Viet Joint Stock Company put into action a 500,000 tonne steel ingot plant in the southern province of Ba Ria-Vung Tau on August 8.
The first batch of 60 tonnes of steel ingots was produced under Europe’s advanced consteel technology lauded as both economical and environmental friendly.
The plant is one of the company’s four investment projects with a combined investment capital of 300 million USD, covering a total area of 55 ha in the Phu My 1 Industrial Zone.
The three others include an electrode-melted steel ingot plant with a capacity of 600,000 tonne per year, a 500,000 tonne plant to produce steel ingots from coke coal and a 500,000 tonne steel laminating plant.
The first batch of 60 tonnes of steel ingots was produced under Europe’s advanced consteel technology lauded as both economical and environmental friendly.
The plant is one of the company’s four investment projects with a combined investment capital of 300 million USD, covering a total area of 55 ha in the Phu My 1 Industrial Zone.The three others include an electrode-melted steel ingot plant with a capacity of 600,000 tonne per year, a 500,000 tonne plant to produce steel ingots from coke coal and a 500,000 tonne steel laminating plant.
Via: Vietnam Economic Times
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