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Oct 04, 2014 / 14:09

Local steel corp signs agreement with Austrian partners

Vietnam Steel Corporation (VNSTEEL) has entered into a long-term comprehensive cooperation agreement with Austrian partner – RHI Refractories Asia Pacific Pte. Ltd.

Pursuant to the agreement, RHI will supply advanced fireproof material and technological solutions for VNSTEEL’s steel plants with preferential prices and after-sales services.
 
 
The agreement aims to help VNSTEEL produce steel stably and effectively through reducing expenses, raising productivity, and improving the quality of products.

For its part, VNSTEEL agrees to use RHI fireproof material and technological solutions and encourage its members to utilise them.

VNSTEEL Director General Nghiem Xuan Da said the agreement helps promote cooperation between RHI and VNSTEEL via expanding the application of advanced material and technological solutions to stabilize production.

VNSTEEL and RHI have cooperated with each other for 10 years. Since 2004, RHI has supplied advanced fireproof materials for VNSTEEL plants, such as Vicasa and Thu Duc. In 2005, it provided all fireproof materials for Phu My Steel Plant (now Southern Steel Corporation – SSC), which has so far produced more than 3.418 million tonnes of steel ingots.

RHI Refractories Asia Pacific PTE. LTD Director General Michael Williams John expressed his hope that RHI will have more partners in Vietnam, helping local businesses to operate effectively.
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