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Venezuela’s state-run CSN resumes production at four mills

Thursday, 23 June 2016 22:35:53 (GMT+3)   |   Sao Paulo
       
Venezuela’s state-run steelmaker Complejo Siderurgico Nacional (CSN) has resumed operations at four mills, the nation’s ministry of basic, strategic and socialist industries said.

According to minister Juan Arias, the Barquisimeto, Lara, Casima and Antimano mills have resumed activities, while two other mills, Guarenas and Valencia, are also expected to be resume operations.

The four mills produce steel for both the domestic and the export markets, serving the civil construction and metal machinery segments.

The Casima and the Barquisimeto mills produce semi-finished products through EAF and continuous casting processes.

According to the nation’s minister of the basic, strategic and socialist industries, Juan Arias, Venezuela is committed to “recover” the country’s iron, steel and aluminum industries.

Venezuela has been struggling to keep up production at its state-run mills, such as Sidor, amid a scenario of an unstable economy. Sidor, another state-owned steelmaker, is said to have reached critically-low output levels.

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