Myingyan No 1 Steel Mill to produce 20,000 tonnes this FY

According to the Ministry of Industry, No 1 Steel Mill (Myingyan) is planning to produce 2,000 tonnes this financial year.
The mill has been able to melt iron 285 times and produced a total of 14,463 tonnes of steel billet from March 2023 to 8 July 2024. It is targeting to produce 20,000 tonnes during the current 2024-25 financial year and has produced 4,569 tonnes as of 8 July.
The mill has two 60-tonne melting furnaces. The melting furnace No 1 was able to start smelting iron in 2023, and to re-operate the melting furnace No 2 for the 2024-25 financial year, officials are taking advice from domestic and foreign experts. If the melting furnace can be restarted, it will produce more molten steel plates.
In addition, No 2 Steel Mill (Pangpet) is intended to produce iron ore and slag from iron metal and send it to the steel mill in Myingyan, where it is intended to produce various types of nails, iron plates and thin iron plates.
Out of 22 workshops, 19 of them are operating in the mill and the remaining three will be used to produce raw iron in the 2025-26 financial year. No 1 Steel Mill (Myingyan) is currently producing square steel rods for the construction industry. — TWA/KZL