Sun Steel builds 35 million USD mill in Binh Duong

The Sun Steel Joint Stock Company (Sunsco) has begun the construction of a steel mill in Tan Dong Hiep commune, Di An district, southern Binh Duong province at a cost of more than 35 million USD.

The project will have two main production systems to produce rolled steel and steel pipes. It is expected to start operation in March 2010 with a capacity of 10,000 tonnes of products a month.

The mill will be capable of producing 16 inch steel pipes meeting the A.P.I. standard to provide for construction projects and the oil and gas industry.

Sunsco, a wholly foreign capital company, was established in 1996 and has been operating since 1998 in Binh Duong province. By 2008, Maruichi Group acquired 62.56 percent of Sunsco shares and became its parent company.

The company currently produces 6,000 tonnes of cold rolled, galvanised steel, 4,000 tonnes of rolled, galvanised, pre-painted steel, 4,000 tonnes of steel pipes and 5,000 tonnes of steel rods a month.

VietNamNet/VNA

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