Venezuela's state-run steelmaker estimates production over four million
Sidor's CEO Rafael GIL Barrios noted that a new production cycle has begun, bringing great opportunities to attain the optimum functioning of the operative lines. The achievement of this goal will result in the consolidation of the largest steelmaker in the country
Venezuela's state-run steelmaker Sidor aims at boosting liquid steel production in 2013 and contributing with the increase of the efficiency levels provided for in projects and programs taken on by the Venezuelan Government.
Sidor's CEO Rafael GIL Barrios expressed that the company aims at producing 4.45 million tons of liquid steel, and added that a new production cycle has begun, bringing great opportunities to attain the optimum functioning of the operative lines. The achievement of this goal will result in the consolidation of the largest steelmaker of the country.
Gil underscored that Sidor has already set in motion both the Operative Investment Plan and Scheduled Maintenance to guarantee the operation of the units comprising the steel corporation, and to meet clients' requests.
A fourth transformer of 130 MVA has been commissioned. All the plans and projects have allowed the steel giant to estimate production at 4.45 million tons of liquid steel in 2013.
Translated by Jhean Cabrera
President Nicolás Maduro is not only the heir to the throne, but also to an economic crisis which demanded urgent measures to rectify the course. The crisis showed up in two aspects: a 50% inflation estimate, and shortage of staples ranging between 70% and 98%. These issues might hit the President's poor popularity; considering his feeble electoral victory of 1% over his challenger.