Complex 2 has a scale of 280 hectares, a total investment of 85 trillion VND, and a designed capacity of 5.6 million tons of high-quality hot-rolled coil (HRC) per year. According to the plan, phase 1 of the project will be put into operation in the first quarter of 2025. Phase 2 will be completed and put into operation in the fourth quarter of 2025. To ensure that the project is implemented as planned, in the past, there have always been hundreds of contractors at the construction site of the complex, both constructing and installing equipment. According to the design, the blast furnace volume of Complex 2 is 2,500m3, double the furnace volume of Complex 1, helping to reduce energy consumption. Hoa Phat also invests higher than current environmental standards, better meeting future requirements, especially in reducing CO2 emissions and reducing energy consumption. In 2020, Hoa Phat invested in the production of HRC steel on a modern continuous casting and rolling line at Complex 1. The technological line is provided by Danieli Group (Italy). Since its operation, engineers of Hoa Phat Dung Quat Steel Joint Stock Company have completely mastered the production technology, creating many different product lines and high-quality steel grades, providing the market with a variety of HRC steel products. Hoa Phat Dung Quat Iron and Steel Complex also provides products with different widths and thicknesses according to customer needs. In mid-2023, Hoa Phat’s HRC steel was granted CE Marking – a quality certification considered a “passport” when exporting to Europe. IPC Steel Structure Joint Stock Company is the contractor supplying, manufacturing and installing steel structure systems for furnaces, doors, steel structure systems for railings, platforms, and furnace supports in this project in phases 1 and 2.