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Breaking News: Meranti launches Thai green steel project
Singapore-headquartered Meranti Steel plans to develop a DRI-EAF steelworks for flat products in Thailand. The plant is intended to supply green hot rolled coil to domestic manufacturers and for export, founder and CEO Sebastian Langendorf tells Kallanish in an exclusive interview.
Press Release May 2023
Singapore based Meranti Steel is developing a green steel business under its Meranti Green Steel brand. Meranti Steel is working on a modern, integrated DRI and EAF plant with continuous casting and hot strip mill in Thailand. Production will be for the Thailand’s flat steel market, and Meranti Steel is also eyeing targeted export opportunities for its future certified green steel products. The capacity of the plant is projected to be up to 2mt per annum of green HRC.
Green Steel Demand to Rise Exponentially
The green steelmaking transition is an unstoppable trend that is about to embrace significant demand growth over the coming decades, said speakers at the Kallanish Asia Steel Markets 2023 conference in Ho Chi Minh City last week. Dr Sebastian Langendorf, chief executive and founder of Singapore-based Meranti Steel, expects significant demand for green steel due to considerations of increasing political pressure, carbon self-commitments, supply chain requirements and awareness of end customers.
Joint Venture Launching To Produce Flat Steel Products
Myanmar Business Today
Tokyo — JFE Steel Corporation, Meranti Steel, JFE Shoji Trade Corporation, Marubeni-Itochu Steel, and Hanwa Co, announced today their agreement to form a joint venture to produce and sell hot-dip galvanized and colored flat steel products for the building and construction sector in Myanmar.
JFE, Meranti join for Myanmar HDG Venture
Japan’s JFE Steel will join with Singapore-based Meranti Steel in building a galvanising and colour coating joint venture in Myanmar’s Thilawa Special Economic Zone, the companies tell Kallanish. While the galvanising line is planned to begin operation in 2020, the colour coating line could enter into operation slightly sooner.
New galv and prepaint lines planned for Myanmar
Henry Cooke, SBB Newsletter
An especially-formed company, Meranti Singapore Pte Ltd, has unveiled plans to build new galvanizing and painting lines in Myanmar (Burma). In a statement sent to Platts on Sunday it said it intends to spend US$85 million on the project. It is in talks with potential local partners to form a joint venture, as well as with suppliers of cold reduced coils from Southeast Asia, Taiwan and Korea.
Meranti targets $85m Myanmar galv plant
Meranti Singapore tells Kallanish it is planning to invest $85 million in a galvanizing plant in Myanmar’s Thilawa Special Economic Zone. The project will join several others in the same zone, all targeted at Myanmar’s small but rapidly expanding steel market.
Singapore firm plans Thilawa galvanising plant (Myanmar Times)
Amid booming demand for high-quality construction materials, Meranti Singapore is planning to build a steel galvanising plant and paintline in Thilawa special economic zone. The firm intends to spend US$85 million on the facility, and is in discussion with the SEZ operator and potential local partners, its chief executive told The Myanmar Times.