Posco to Run Trial Vietnam Largest Steel Plant in South Vietnam
Posco, the world's third largest steelmaker of South Korea, is set to start trial run of a rolled steel plant with capacity of 1.4 million ton per year in southern Ba Ria Vung Tau, the largest of its kind so far in Vietnam, said Posco Vietnam Ltd., Co.
Kicked of in August 2007, the US$1.12-billion plant is scheduled to turn out its first products of 40,000 tons of cold rolled steel this August, said the company.
The project’s first phase with investment of US$366 million and capacity of 1.4 million tons/year will start commercial production in late September this year.
Posco Vietnam plans to put into operation its hot rolled steel plant in 2011, said the company. (Investment)
Vietnamese
