wiredInUSA October 2016

Stepping up steel production INDEX

Venezuelan president Nicolas Maduro has approved a production recovery plan for the country’s steelmaker, Sidor. The goal of the plan is to produce four million tonnes of crude steel by 2018. The plan will have six steps, including the activation of an electric arc furnace in the billet area, and the resumption of rolling trains of wire rod and rebar. “In the first month of this plan, we were able to produce 45,000 metric tons of crude steel, which were rolled into rebar

and wire rod,” said Sidor’s president, Justo Noguera Pietri.

The second phase, currently ongoing, projects a monthly output of 100,000 tonnes of crude steel. allows production of 425,000 tonnes per month, or 5.1 million tonnes per year, of crude steel. It also can produce 390,000 tonnes per year of rebar and 600,000 tonnes of wire rod, among other products. Sidor’s installed capacity

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wiredInUSA - October 2016

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