Xuân Thiện Group has signed a strategic investment and cooperation agreement with Primetals Technologies for the building of two green steel production lines.
Primetals will serve as a technology partner, providing advanced solutions, engineering expertise and key plant components for the project.
The strategic partnership is a key element of the “green steel ecosystem” Xuân Thiện is developing. The project will combine electric arc furnace technology with ironmaking facilities based on clean energy sources such as natural gas and eventually green hydrogen.
It is hoped that this approach will minimise carbon dioxide emissions, align Vietnam’s steel industry with global sustainability trends and meet the standards of international markets.
The new production lines will also enable Vietnam to be self-sufficient in supplying raw materials for industries that demand high strength and large dimensions, such as shipbuilding.
The first production complex will include an EAF Ultimate to ensure high charging material flexibility, short tap-to-tap times and reduced consumption.
The complex will also feature a twin ladle furnace, a twin vacuum degassing plant, a continuous slab caster and a plate Steckel Mill.
The second production line will be developed to produce endless hot-rolled coils and feature two EAF Ultimates, two twin ladle furnaces, two twin vacuum degassing plants, and the advanced Arvedi ESP technology, enabling production of ultra-thin steel products.
