VGS’s plant achieves 60pct capacity

Viet Germany Steel Pipe JSC (VGS)’s construction steel plant gained capacity of about 60 percent.

With the output volume of 350,000 tonnes per year, the plant was put into operation since April 15 and would be raise its annual capacity to 80 percent, said Nguyen Huu The, general director of VGS.

Exported steel price increased by $670/tonne or 14 million dong. VGS now has nearly 40,000 tonnes of steel materials to supply to two its plants (steel pipe plant and construction steel one) to end of October, added The.

Tags: Viet Germany Steel Pipe, Vietnam steel industry, Vietnam steel market

Posted by VBN on Sep 17 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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