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
A group of some 60 Venezuelan economists from across the country and from different generations and backgrounds, has met regularly in the past couple of years and now has brought forth a document explaining the reasons of the current emergency and outlining specific proposals on how to address the serious economic crisis the country has plunged into over the last three years.