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Kallanish Kallanish

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June, 2nd 2020

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APR 07
07:22

MCC Tiangong hot tests rebar mill in Cambodia

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China's MCC Tiangong Company has successfully hot tested a 500,000 tonnes/year rebar mill which it supplied to a new steel plant in Cambodia, Kallanish notes.

This rebar mill is being built for General International Steel (Cambodia), which has attracted investment from companies in both China and Cambodia. The Chinese investors include Tewoo Group and Zhongtang Tianchen Group, and the investors from Cambodia are Cambodia-based businessmen Fang Zhanhong and Huang Hua, the latter of whom is the chairman of Kampot Port Group.

In 2019, the company announced it would invest a total of $60 million to build a steel plant with 1 million tonnes/year finished steel capacity. It is expected to replace the need for imported steel products after the new mill is put into production.