The ‘POSCO Specialty Steel’, company of the Republic of Korea, began the construction of its new steel mill in the southern coastal province of Ba Ria-Vung Tau on June 27.
Taking part the launching ceremony were Vietnam ’s Deputy Prime Minister Hoang Trung Hai and the Republic of Korea ’s Consul General in Ho Chi Minh City , Oh Jae-hack.
The steel mill is located in Phu My II Industrial Zone in the Tan Thanh district of Ba Ria-Vung Tau province on a site of 50 hectares and with investment capital of 594 million USD.
Its annual production capacity is estimated to be around one million tonnes.
The mill includes an electric smelting furnace, two steel rolling plants and a plant to produce steel bars.
The project is due to completed by July 2014.-VNA
Taking part the launching ceremony were Vietnam ’s Deputy Prime Minister Hoang Trung Hai and the Republic of Korea ’s Consul General in Ho Chi Minh City , Oh Jae-hack.
The steel mill is located in Phu My II Industrial Zone in the Tan Thanh district of Ba Ria-Vung Tau province on a site of 50 hectares and with investment capital of 594 million USD.
Its annual production capacity is estimated to be around one million tonnes.
The mill includes an electric smelting furnace, two steel rolling plants and a plant to produce steel bars.
The project is due to completed by July 2014.-VNA
