Venezuelan state-run steel producer Sidor resumed activities at its pickling unit, as part of the company’s recovery plan to increase output to 4 million mt/year by 2018.
According to Justo Pietri, president at Sidor, the state-run steelmaker has resumed operations at 60 percent of its plants to date.
Oscar Sirizzotti, manager at Sidor’s cold rolling mill, estimated the company produced some 5,000 mt of coils as of late November. The executive added some other 40,000 mt of coils should be produced in the next few days.
Sidor has resumed rebar, wire rod, slab, billet as well as DRI production at its plants, in addition to restarting a hot rolling mill, among other equipment.
The move is part of a company’s four-stage plan to boost production by 2018.