Thursday, March 8, 2012

Rok agency unwraps 2nd steel place in Vietnam

The Korean Posco Vietnam Stainless Steel (Posco VST) firm opened up its 2nd stainless cool rolling routine on Scar. 7.

Perfectly located at the Nhon Trach 1 Commercial Recreation area in lower Dong Naiprovince, the 130 zillion Dollars plant will are able to creating 150,000tonnes of stainless 12 months and can assist Posco VST'soverall ability to 235,000 lots every year. As a result Posco VSTthe largest stainless producer in the nation.

The initial Posco VST stainless plant – also the very first in Vietnamand based in the similar IP – is capable of creating 85,000 lots ayear.

Posco VST's 2nd plant insures an area of 39,000 sq. yards.

In .The routine, with all the most recent modern tools, provides highestquality merchandise to Vietnamese and overseas markets,In . Chung JoonYang, Chairman of Posco party, explained on the beginning ceremony.

The brand new service assists every day market place and exports to Southeast China, Western European and The united states .

Posco has estimated that interest in steel in Vietnam would go up about 8 percentage annually until eventually 2020.

In October 2009, Posco Vietnam put in operation Southeast Asia'sbiggest routine with an once-a-year total capacity of 1.2 zillion lots ofcold-rolling steel from the lower land of Ba Ria – Vung Tau.

Within the similar land, Posco Speciality Steel will become constructionthis This summer of any thousands of tonne annually steel plant from the Phu MyIndustrial Recreation area.

Posco Age&C happens to be carrying out 10 infrastructure, carry and housing tasks in Vietnam.-VNA

Vietnam Financial system

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