Venezuelan state-run companies post marginal production figures in 2019

Monday, 06 January 2020 23:11:28 (GMT+3)   |   Sao Paulo
       

Venezuelan state-run companies have posted marginal production figures in 2019, according to local media reports.

State-run steelmaker Sidor did not produce steel, according to a media report from Cronica Uno. Iron ore producer Ferrominera reportedly produced 12 percent its total capacity of 25 million mt/year.

Venezuela has been facing serious political and economic crises, and increased inflation has severely affected the local industrial sector.


Similar articles

Major steel and raw material futures prices in China - May 10, 2024

10 May | Longs and Billet

China’s iron ore imports increase by 7.2 percent in January-April

10 May | Steel News

Iron ore prices inch up today, but not as strong as expected after holiday

09 May | Scrap & Raw Materials

Germany’s Saarstahl to source iron ore from IOC to produce low-carbon steel

09 May | Steel News

Major steel and raw material futures prices in China - May 9, 2024

09 May | Longs and Billet

Major steel and raw material futures prices in China - May 8, 2024

08 May | Longs and Billet

Daily iron ore prices CFR China - May 8, 2024

08 May | Scrap & Raw Materials

CISA to accelerate the development of domestic iron ore resources

08 May | Steel News

Major steel and raw material futures prices in China - May 7, 2024

07 May | Longs and Billet

Daily iron ore prices CFR China - May 7, 2024

07 May | Scrap & Raw Materials