With this strategic investment, Kyoei Steel aims to increase its effectiveness in the global steel market and strengthen its competitiveness. The planned new rolling mill is designed using advanced technology and aims to respond to the demand for high-quality steel in Vietnam and international markets.
The facility, which is planned to be completed and start production in April 2025, stands out as a part of Kyoei Steel's future strategy. The company aims to lead the evolving demands in the steel industry, emphasizing the importance of pioneering technological innovations and maintaining competitive advantage.
This investment decision made by Kyoei Steel in Vietnam shows the strategic importance of the region and reveals that Vietnam is a suitable market for Kyoei's expansion strategy. The company is committed to focusing on the highest standards of efficiency, sustainability and innovation in the construction process.
Kyoei Steel sees this new facility not only as a production hub, but also as a symbol of its commitment to environmental responsibility and compliance with industry standards.
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