No 2 Steel Mill (Pangpet) construction surpasses 85% completion

The Ministry of Industry reported that more than 85 per cent of the construction at No 2 Steel Mill (Pangpet) in Taunggyi Township, Shan State, a collaborative effort between Myanmar and Russia, has been completed. The aim is to resume operations in the upcoming financial year 2025-26.
A total of 461 processes were identified in the maintenance construction project, which has been under the scrutiny of foreign experts since April 2021. Of these, 386 procedures have been successfully executed through collaboration with factory employees and local experts. The remaining 16 processes will be carried out by a Russian company, bringing the overall completion of the construction to 85.92 per cent.
Upon its re-operation in the next financial year, No 2 Steel Mill (Pangpet) will contribute to producing pig iron, which will be supplied to No 1 Myingyan Steel Mill for the steel melting process. — TWA/MKKS