Hoa Phat and Primetals Group signed a contract to supply a high-quality steel casting and rolling line with a capacity of 500,000 tons/year.

According to the agreement, Primetals will design, supply and install billet casting machines to allow Hoa Phat to produce steel products for automobile tire beading (tire cord, bead wire), fabricated steel, bearing steel, prestressed steel, etc. and many other high-quality products. In particular, the production line also integrates a standby for large-size billet casting modules to produce rail steel (bloom), and beam blanks to produce steel profiles up to 800mm for the steel structure industry.

At the same time, Primetals provides Hoa Phat with high-quality wire rod rolling line equipment. The products of the line are steel cord and beadwire, cold-formed steel, prestressed steel, non-alloy spring steel, steel for crane cables, steel for precision screws, etc. The line is also integrated with the production of smooth round bars and rolled bars for processing and manufacturing industries, and for the defense industry.

These are the most modern equipment lines of Primetals - a corporation owned by Mitsubishi Heavy Industries headquartered in London, UK. According to the schedule, the rolling line is expected to provide the first products in Q3/2026 and the casting line will be put into operation in Q4/2026.

Chairman of the Board of Directors of Hoa Phat Group Tran Dinh Long said that the Group focuses on promoting the production of high-quality steel and manufactured steel to help replace high-grade steel products that are currently being imported. Hoa Phat is confident in producing steel for the railway industry, train axles, and high-speed trains as ordered by the Government as well as high-quality steel for key national projects and for export to the world market.

Primetals Group General Director, Mr. Satoru Iijima said that Primetals' success today is due to the trust and support of many partners, including Hoa Phat Group. Primetals is committed to providing the best quality equipment and ensuring the progress as planned. When this new line is put into operation, Hoa Phat Group will own a range of high-quality products, leading in the region, meeting the most stringent standards in the world.

Chairman of Hoa Phat Group Tran Dinh Long and General Director Nguyen Viet Thang witnessed the signing ceremony.

Primetals Group, one of the world's leading metallurgical technology providers, provides key equipment for the project imported from G7 countries, ensuring the highest standards of quality and performance. It is also a long-term partner of Hoa Phat. Previously, the hot-rolled coil production line at the HRC2 Factory, Hoa Phat Dung Quat 2 Project was also designed and supplied by Primetals Group.

HPG News

Source: https://www.hoaphat.com.vn/tin-tuc/hoa-phat-dau-tu-day-chuyen-duc-va-can-thep-chat-luong-cao-cua-tap-doan-primetals.html