Head of the Ha Tinh Economic Zone Authority Ho Anh Tuan said the FHS has completed the first stage of the Son Duong Steel Complex and Deepwater Port project after seven years of construction.
According to FHS’s leaders, the production of the first hot-rolled steel is significant not only to the company but also the Vietnamese market because the country previously had to import all of its hot-rolled steel.
FHS believed it could soon capture the Vietnamese market with an appropriate business strategy and quality products from the most modern steel mill in Southeast Asia.
The corporation’s mill is capable of producing 4 million tonnes of hot-rolled coils a year, meeting nearly half of Vietnam’s annual demand of 10 million tonnes of hot-rolled steel.
