Posted on 04 Jun 2010
The Vietnam Shipbuilding Industry Group (Vinashin) put the Cai Lan Hot-Scrolled Steel Mill into operation in Quang Ninh province today.
This is the largest ever hot-scrolled steel mill
On an area of 15 hectares, the plant is equipped with modern production lines and technology.
The mill is invested by the Vinashin with around VND 2.9 trillion.
It is capable of manufacturing steel sheets, 1.6 - 3 metres in width, 6 - 18 metres in length and 5 - 50 millimetres in thick, meeting criteria to be used for building ships with a tonnage of up to 300,000 tonnes.
The cost of steel sheets occupies around 20 – 25% of a ship’s prime cost. According to the calculation, the price of steel sheets manufactured by the Cai Lan mill is US$100 – 150 per tonne cheaper than the current imported steel sheets. As a result, the Vinashin’s steel sheets will help raise competitive edge of
