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 […]
Myanmar to set standards for steel, iron
Myanmar will soon set standards to ensure the quality of locally produced and imported steel and iron, a senior official said. U Kan Chun, managing director of No.1 Heavy Industries Enterprise under the Ministry of Planning, Finance and Industry, said standards will be published this year for deformed bar, three types of hot-rolled plate and […]
Can we turn suspended factories into engines of national economic growth?
Steel is an essential material in the industrial products and in building infrastructures. If Myanmar can produce steel on commercial scale, we will be able to save our foreign exchange used in importing steel products and build an industrialized country. In fact, the country has large deposits of iron ore. Myanmar set up steel mills […]
Sino Great Wall: Crashing out on the belt and road
Mottama Holdings invited journalists to a high-profile “topping-out” ceremony for its M Tower project, a 26-storey office building near Hledan junction in Yangon that used prefabricated steel structure from the company’s factory in the city. After putting in place the final steel beam – complete with gold-coloured bolts – more than 100 metres above Pyay […]
How policy, not price or quality, is destroying Myanmar’s steel industry
Perhaps because Myanmar is a relatively recent convert to free trade it is keen to show its commitment to it. The more Donald Trump talks about making America great through slapping tariffs on China, the more we want to appear internationally-minded and progressive. But if we want to make the most from free trade, we […]
Sule Port premier port of Myanmar
Sule Port, the nation’s busiest sea port for rice, handles an average of 1.3 million metric tons of imports and 600,000 metric tons of export, annually. A total of 49,801 metric tons of rice were exported to foreign countries via Sule Port in current financial year. Sule is a major transit point for cement, timber […]