Chinese-invested steel plant inaugurated in Thai Binh

Shengli Vietnam Special Steel Ltd. Co began operation on September 5 in Cau Nghin industrial zone, An Bai town, Quynh Phu district, Thai Binh province.

After over two years of construction costing US$53 million, the plant which is the largest of its kind in the northern province of Thai Binh will be able to produce 600,000 tonnes a year in the first phase.

Shengli Vietnam Special Steel Ltd. Co is wholly owned by two Chinese companies, the Shengli (Fuzhou) Group Corporation and the Guangdong Metals and Minerals & Export Corporation. – VNA

Tags: Shengli Vietnam Special Steel, Vietnam steel industry, Vietnam steel market

Posted by VBN on Sep 6 2010. Filed under Steel. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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