Gadchiroli pitched as Maharashtra’s future green steel hub India set to drive next global steel demand wave Italy crude steel output rises 3.1% in May Green steel progress remains slow worldwide
Vietnam’s VinMetal, a Vingroup subsidiary, has signed a strategic cooperation agreement with Primetals Technologies to develop a large-scale integrated steel complex in Ha Tinh province. The project will be located in the Vung Ang Economic Zone, with first-phase operations targeted for 2027.
The new complex is expected to produce both long steel and flat steel products for domestic infrastructure, industrial demand, and export markets. Primetals will support VinMetal across ironmaking, steelmaking, rolling, technical integration, workforce training, operations, maintenance, and digital transformation.
The project aims to use advanced, digitalized, and lower-emission technologies aligned with international ESG standards. For Southeast Asia’s steel industry, the development signals Vietnam’s growing ambition to strengthen local steel production and compete in high-grade steel markets.
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