Sinobras, the steel producer of the Aço Cearense group, announced the start of operations of its new rolling line in Marabá, in the northern state of Pará.
With investments estimated at $200 million, the plant’s production will increase from today’s 380,000 mt to 850,000 mt per year of rolled products.
The new line, which counts on a new electric substation, a 230kV transmission line and a scrap processing unit, will focus on the production of wire rod and rebar.
