Vietnam to Get US$134million Steel Mill

The Deputy Prime Minister of Vietnam has given the go ahead for plans that will see the construction of the US$134million Phu My steel mill.

The mill will be located in Ba Ria-Vung Tau and will occupy 25ha in the Phu My Industrial Zone. The facility will incorporate a loading port, arch furnace steel refinery and a hot rolling steel workshop. Capacities of these individual operations will be:

  • Loading port – 1,000,000 tonnes per year
  • Steel refinery – 500,000 tonnes per year
  • Hot rolling workshop – 400,00 tonnes per year

The new plant will concentrate its efforts on producing square steel ingots, bar steel, coil steel and angle steel.

The project is owned by Southern Steel Company who will be looking to open bidding for the construction of the facility in the coming months.

For more information on steel manufacture click here.

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