Venezuelan industrial segments lack supplies from Sidor

Thursday, 22 June 2017 00:53:23 (GMT+3)   |   Sao Paulo
Several Venezuelan industrial segments have been lacking supplies of raw materials from state-run steelmaker Sidor, according to media reports.
 
The local canned industry segment, which signed a deal earlier this year to use Sidor’s tinplate for packaging, halted operations after inventories were depleted and new supply was unavailable. 
 
“It’s been a week we’re not producing,” Luis Henrique Aguilar, president at Venezuelan HV Envases, told local newspaper Correo del Caroni. “We’re waiting for Sidor’s next [tinplate] shipments.”
 
Another media source said about 60 percent of Sidor’s blast furnaces are not producing, leading to a lack of supplies for several industrial segments.
 
In the state of Carabobo, OCI-Metalmecánica is also said to have halted its operations due to its dependency of supplies from the state-controlled steelmaker. The company reportedly stopped producing doors and windows for the country’s housing program due to the lack of steel coils provided by Sidor.

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