The two sides have exchanged
and expected long-term cooperation with each other in supplying billets.
The meeting opened up many
favorable cooperation opportunities between the two leading steel enterprises
in Vietnam and Japan.
Hideichiro Takashima, Chairman
of Kyoei Steel Group, said that Kyoei was one of the first Japanese companies
to invest in Vietnam 25 years ago.
Leaders of Kyoei Group also congratulated
Hoa Phat Group on successfully operating the first blast furnace in Dung Quat
after less than 3 years of implementation and considered this a miracle.
With two steel production
companies, Kyoei wishes to find a stable supplier of steel billets from blast
furnaces for Kyoei's factories in Vietnam.
Mr. Tran Dinh Long, Chairman
of the Board of Directors of Hoa Phat Group, welcomed the visit of Kyoei Steel
Corporation - one of the largest steel companies in Japan and introduced to
partners about the capacity scale of the factories of the Group.
At the same time, Mr. Tran
Dinh Long affirmed that Hoa Phat's factory could supply Kyoei factories 50,000
tons of quality steel billets a month at a competitive price, because Hoa
Phat's steel billets are smelted from industrial blast furnace technology on
modern European lines (Danieli).
Chairman of Hoa Phat also said
that the Group's consistent policy so far is to cooperate and develop with
partners in a long term, for example, Hoa Phat has cooperated with Mikasa -
Japan nearly 30 years.
Besides, Hoa Phat also needs
to cooperate with Kyoei in supplying scrap steel.
"Steel billets of Hoa
Phat Dung Quat Complex come into the furnace after about 48 hours from Hoa Phat
Dung Quat Port can enter Ba Ria - Vung Tau for Vina Kyoei Factory to run steel
rolling immediately" - Chairman Tran Dinh Long pressed.
At the end of the meeting, the
two sides agreed that after this visit, they will set up a working group to
implement the cooperation contents between the two groups, promoting mutual
development of both sides in the future.
from Hoa Phat Group, translated by M.H