The Hòa Phát Dung Quất Railway Rail and Special Steel Production Project is located in the Dung Quat Economic Zone, Quang Ngai Province, and is invested by the Hòa Phát Dung Quat Railway Rail and Special Steel Joint Stock Company (a member of Hòa Phát Group) with a total investment of VND 10,000 billion.

The project will be implemented on a land area of 14.79 hectares, producing railway rails and special steel, with a designed capacity of 700,000 tons per year.

The project received investment policy approval on July 29, 2025; is expected to commence construction on December 19, 2025; and aims to begin operating and producing the first batch of railway rails in Q1 2027.