10/04/2025 17:00
On April 10, 2025, Hoa Phat and Primetals Technologies signed a contract to supply a high-quality steel casting and rolling line with a capacity of 500,000 tons per year. With this line, Hoa Phat Group will boost the production of high-quality steel. According to the schedule, the rolling line is expected to provide the first products in the third quarter of 2026 and the casting line will be put into operation in the fourth quarter of 2026.
Primetals Technologies will design, supply and install a billet/bloom caster machine to allow Hoa Phat to produce steel products for automobile tire bead (tire cord, bead wire), fabricated steel, bearing steel, prestressed steel, etc. and many other high-quality products. The 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 800 millimeters for the steel structure industry.
Primetals Technologies will also provide Hoa Phat with a comprehensive scope of 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 steel bars for processing and manufacturing industries, for the defense industry.
These are the most modern lines from Primetals Technologies, 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 the third quarter of 2026 and the casting line will be put into operation in the fourth quarter of 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 set out. When this new line is put into operation, Hoa Phat Group will own a range of high-quality products leading the region, meeting the most stringent standards in the world.
Primetals Group, one of the world's leading metallurgical technology providers, supplies 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 Technologies.
HPG News
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