Luu Xa Rolling Steel Mill turnover reaches more than 1,700 billion VND

09:41, 11/11/2007

Up to the end of October 2007, Luu Xa Rolling Steel Mill of Thai Nguyen Steel General Company (TISCO) has produced more than 190,000 tons of high-qualified steel bars, reaching 80% of the plan for 2007, 10% higher than the same period last year.

The mill turnover has reached more than 1,700 billion VND, an increase of 50% over the same period last year. The mill has also delivered nearly 5 billion VND in cost savings, regularly provided jobs for nearly 800 staffs. The monthly average salary for workers has reached 2.5 million VND, up 15% over last year.

To reach the target of 230,000 tons of steel bars in the year 2007, Luu Xa Rolling Steel Mill has raised many technical initiatives to improve its performances. The guidelines for initiatives stressed such issues as: to save electricity, oil and other facility; to shorten the steel mixing and refining duration; to apply ISO 9001-2000 quality management system…