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New steel plant opens in Dong Nai Province

Update: December, 30/2013 - 08:00

Tien Len Steel Corporation inaugurated the VND400 billion (US$19.05 million) Bac Nam steel plant on Saturday in southern Dong Nai Province.— Photo thesaigontimes

DONG NAI (VNS) — Tien Len Steel Corporation inaugurated the VND400 billion (US$19.05 million) Bac Nam steel plant on Saturday in southern Dong Nai Province.

The plant was jointly built by the corporation and the Bac Nam Joint Stock Company, and covers an area of 3ha in the Tam Phuoc Industrial Zone. It will manufacture some 300,000 tonnes of steel per year.

Tien Len's major markets are the southern and central regions of the country, and plans to export steel to ASEAN nations and throughout the world. — VNS

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