Germany-based plantmaker SMS Group has announced that it will supply two new converter shops to Vietnam-based steel producer Hoa Phat Group.
The scope of the supply will comprise two converters per melt shop, each of them with a capacity of 120 metric tons. Commissioning of the first two converters is scheduled for 2018, while converters three and four are planned to be commissioned in 2019. In total, the two new converter shops are to produce four million mt of liquid steel per year.