Feasibility studies conducted in 4 areas to set up metal industries

Feasibility studies are being undertaken in four regions and states as part of efforts to implement an iron and steel industrial zone, said U Sit Taing Aung, chairman of the Myanmar Steel Association (MSA). Studies for the implementation of the iron and steel industrial zone project are underway in Ayeyawady and Taninthayi regions and Rakhine […]

Industry body aims to boost local steel production

To reduce Myanmar’s dependence on imported steel, plans are being made to increase local production with Chinese technology say industry officials. “Local steel consumption relies heavily on imports rather than local production as only 10 percent of what the local market needs is produced locally while the 90 percent is imported,” said U Tin Myint, […]