As per the plan, the plant will require an investment capital of 2.2 trillion VND (97 million USD) and have the capacity of 800,000 tonnes per year.The factory will produce galvanised steel sheets, galvanised aluminium sheets, zinc-coated aluminium-coated sheets, zinc-coated sheets, steel pipes, steel boxes, sections and products from steel coil, cold-rolled steel, galvanised steel, black steel tape and galvanised steel tape.
In the first six months of 2017, Nam Kim Steel posted an output of 380,000 tonnes, a year-on-year increase of 7 percent. Specifically, its output of iron and steel products went up by 21 percent compared to the same period last year.
The firm’s turnover touched 5.5 trillion VND, up 38 percent, while its after-tax profit was 350 billion VND, up 14 percent year on year and accounting for 58.3 percent of its target for the entire year.
