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Home / Metal News / Kunming Steel to build 4 million-mt project in Myanmar

Kunming Steel to build 4 million-mt project in Myanmar

Jun 25, 2019 13:56

Source:SMM

The blast furnace-based plant will be constructed in two stages of 2 million mt each

SHANGHAI, Jun 25 (SMM) – China’s Kunming Steel plans to build an integrated steel mill with annual capacity of 4 million mt in Myanmar, as part of the Belt and Road Initiative.

Yunnan Yongle Overseas Investment, a subsidiary of the Yunnan-based steel giant, signed the agreement with the Myanmar Steel Association earlier this month.

The blast furnace-based plant will be constructed in two stages of 2 million mt each, along with sintering, coking and power generation facilities. The mill will produce hot-rolled coil, rebar, wire rods and sections.

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