Largest steel mill to be built in southern Viet Nam

09:05, 17/05/2007

Work will begin on Viet Nam’s largest cold-rolled steel mill in the southern province of Ba Ria-Vung Tau in August.

Work will begin on Viet Nam’s largest cold-rolled steel mill in the southern province of Ba Ria-Vung Tau in August.

 

The Viet Nam Steel Association said the 1.12 billion USD mill invested by Posco of the Republic of Korea, will also be the largest in Southeast Asia.

 

The mill, scheduled for completion in 2009, will have an annual capacity of 2 million tonnes in the first phase, which will increase to 3 million tonnes in the second phase. It is expected to generate 10,000 jobs.

 

The mill is the fifth flat rolled steel project and the third foreign-invested steel investment in Viet Nam.

(Source: VNA)