The Xuan Thien green steel project in Vietnam, aimed at achieving a remarkable low-carbon-emission finished steel capacity of 9.5 million metric tons per year, has encountered obstacles on its path to fruition. Mr. Dinh Quoc Thai, secretary general of the Vietnam Steel Association, shared this update during the South East Asia Iron and Steel Institute conference in Manila, reports Kallanish
Presently, the project is focused on constructing a pre-fabricated concrete structures facility, with plans to commission it in 2024. In the future, Xuan Thien intends to establish a plant with a capacity of 7.5 million metric tons per year at Xuan Thien Nam Dinh, alongside 2 million metric tons per year plant at Xuan Thien Nghia Hung. T
The long-term vision includes the implementation of an electric arc furnace meltshop and downstream facilities, utilizing a combination of DRI and scrap as feedstock. As part of its sustainability commitment, the plant aims to transition to green hydrogen for iron reduction and rely on wind power to supply its EAF.
Insiders involved in discussions surrounding the project, however, reveal that it is advancing slowly due to the lackluster state of the Vietnamese market.