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First meeting of EAF Club at Posco SS Vina Co., Ltd with topic: “Exchange experience in the management of supply and scrap treatment to increase the

29.08.2018

On 29/06/2018, Posco SS Vina Co., Ltd held the first meeting of EAF Club with topic: “Exchange experience in the management of supply and scrap treatment to increase the production efficiency and lower the billet prices”

The meeting has the participation of Mr Ho Nghia Dung – Chairman of Vietnam Steel Association (VSA), Mr Lee Tae Ju – General Director of Posco Vietnam Holdings Co., Ltd and 50 representatives from 12 member companies of EAF Club. Here, the representative from Posco SS Vina presented two topics including “Scrap Management” and “Scrap and Impurity Treatment Process”. At the end of the meeting, together with the agreement of all members, the chairman of EAF Club proposed the conclusion regarding current status of scrap management and treatment process at member factories as follow:

- Moisture treatment of steel scrap to reduce wastage rate when put into furnace: refer to the experience of Southern Steel, invest in scrap storage, and use canvas to cover outdoor scrap…

- Scrap and impurity treatment: refer to scrap and impurity treatment process of Posco SS Vina, domestic scrap purchasing experience of Bien Hoa Steel, Hoa Phat Hung Yen Steel…as well as the selection of scrap suppliers; rank scrap suppliers...

- Steel makers should cooperate to share experience and information on scrap market to avoid price pressures and improve the scrap quality to enhance production efficiency.

The second meeting of EAF Club is expected to be held in Nov 2018 at Thai Nguyen Iron and Steel Corporation.

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