AsemconnectVietnam - On August 5, 2025, the No. 2 oxygen furnace (BOF) and the RH vacuum refining furnace of the Hoa Phat Dung Quat 2 Iron and Steel Complex Project (Dung Quat 2) officially operated.

With the BOF and RH furnaces, Hoa Phat can produce steel grades with the highest quality requirements currently circulating in the world.
Both BOF and RH furnaces were designed, manufactured and supplied by SMS Group (Germany). In which, the BOF furnace has a capacity of 300 tons/batch, a capacity of 9,000 tons/day, producing liquid steel with very few impurities. Putting the oxygen furnace and RH refining furnace into operation is an important preparation step to put the No. 2 blast furnace of the project into operation, aiming to complete the entire project in September 2025.
The blast furnace volume of Hoa Phat Dung Quat 2 project is 2,500 m3, double the furnace volume of Dung Quat 1, consuming less energy. Hoa Phat also invests more in current environmental standards, especially in reducing CO2 emissions and reducing energy consumption.
The Hoa Phat Dung Quat 2 iron and steel production complex uses technology lines from European and G7 partners such as SMS (Germany), Primetals (UK) ... In which, SMS group is a long-term partner in providing steelmaking equipment for Hoa Phat Group. In May 2025, Hoa Phat and SM signed a contract to supply technology and production lines for rail and profile steel with a capacity of 700,000 tons/year.
Since mid-June, Hoa Phat Dung Quat has put the No. 02 thick plate billet casting machine into operation, with a thick plate casting capacity of 20,000 tons/day. The casting machine possesses the most modern technology in the world designed, manufactured and supplied by Primetals. Primetal is headquartered in London, a subsidiary of Mitsubishi Heavy Industries. This advanced equipment system not only helps increase production efficiency, optimize product quality, save energy but also minimize operating costs.
In addition to the popular HRC line, the Hoa Phat Dung Quat 2 project focuses on producing high-end HRC products, serving the manufacturing and processing industries, automobile industry, food industry, petrochemical industry, household appliances, etc.
After completing Hoa Phat Dung Quat 2 in September 2025, the total steel output of the Group will reach a total of 16 million tons/year, including 9 million tons of hot rolled coil steel, meeting 100% of the demand for this product in the Vietnamese market.
N.Nga
Source: VITIC/Tinnhanhchungkhoan