Under the contract, Danieli will be responsible for supplying equipment to theQuality Strip Production (QSP) line and Compact Endless Cast and Rolling Mill Complex,consisting of two casting machines, two tunnel furnaces and one laminationmill.
The plant is expected to produce 3.5 million tonnes of steel per year and itscapacity can be expanded to 4 million tonnes per year for the second phase.
Steel products will include hot rolled steel coil, low carbon steel, highstrength low alloy steel and medium carbon, high strength medium alloy steel.
They are used for producing special steel pipes, roofing and other specialproducts. Currently, these products are being completely imported.
Tran Dinh Long, Chairman of the Hoa Phat Group, stressed that the categories ofthin slab caster and hot-rolled mill were most important for the Hoa Phat DungQuat iron and steel production complex.
The complex is designed to have an annual capacity of 4 million tonnes. Work onits first phase kicked off in February 2017 and is scheduled to finish within21 months. The second phase of the project also began in August 2017 and thewhole project is expected for completion in late 2019.-VNA