Sumitomo Metal Industries Ltd (Sumitomo Metals) and China Steel Corp. (CSC) have planned for the construction of a steel sheet mill from the end of 2007. The joint-venture contract China Steel Sumikin Vietnam Joint Stock Co. (CSVC) will have a full line-up of high-class steel sheet products including those used for automobiles, such as cold rolled coil, electromagnetic steel sheet and hot-dip galvanized steel sheet. Annual production of 1.6 million MT is planned in order to respond to demand from customers in Vietnam and surrounding countries. The company aims to commence operation of the plant at the beginning of 2012. Sumitomo Metals and CSC will provide technical support to CSVC to meet the growing requirements from customers in Asia in terms of both quantity and quality.
