Asset Report

Vung Ang steel plant

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15 August 2017

Vung Ang steel plant

Report summary

In 2011 Formosa began construction of their Ha Tinh integrated steel plant. It will eventually produce more than 5Mtpa of crude steel and could expand to 10Mtpa. Commissioning was severely delayed and did not occur until 2017. Problems included the release of untreated waste water that killed millions of fish. The plant was fined US$500M and needed to install dry coke quenching before steelmaking resumed. 

Table of contents

  • Key facts
    • Summary
    • Key Issues
  • Location maps
  • Participation
  • Process overview
    • Iron ore
    • Coal
    • Metallics
    • Energy
  • Products
    • Capital costs
      • Capital costs
    • Operating cash costs
      • Total operating cash costs: Finished steel
  • Economic assumptions

Tables and charts

This report includes 12 images and tables including:

  • Key facts: Table 1
  • Detailed map
  • Participation
  • Steel plant overview
  • Key raw materials
  • Downstream products
  • Finished steel production
  • Production table (Mt)
  • Economic assumptions: Table 1
  • Costs: Table 1
  • Costs: Image 1
  • Operating cash cost table

What's included

This report contains:

  • Document

    Vung Ang steel plant

    PDF 827.44 KB

  • Document

    Vung Ang.xls

    XLS 328.50 KB