Industry News

Bolivia's new steel plant ESM to start steel production in Jan 2025

Views : 71
Update time : 2024-12-06 20:00:16
According to Jorge Alvarado, president of the Bolivian new steel company Empresa Siderúrgica del Mutún (ESM), the industrial complex has already reached 94%. Based on this construction progress, the inauguration is planned for late December of this year, with the presence of Bolivian President Luis Arce.

Alvarado added that his company will produce steel starting in January for both the Bolivian and foreign markets.

The new ESM complex has the capacity to produce 200,000 tons of corrugated rebars per year, which means the substitution of imports of said product by almost 50% in the country, around US$200 million per year.
Related News
Read More >>
Japan's blast furnace plants deeply affected by US auto tariffs and want to sell billets in Taiwan Japan's blast furnace plants deeply affected by US auto tariffs and want to sell billets in Taiwan
Apr .23.2025
Japan's blast furnace plants deeply affected by US auto tariffs and want to sell billets in Taiwan
Vietnam's Yongjin source surge in Taiwan stainless steel market triggers AD concerns Vietnam's Yongjin source surge in Taiwan stainless steel market triggers AD concerns
Apr .23.2025
Vietnam's Yongjin source surge in Taiwan stainless steel market triggers AD concerns
Azerbaijan’s aluminum & relevant products output grows in Q1 2025 Azerbaijan’s aluminum & relevant products output grows in Q1 2025
Apr .23.2025
Azerbaijan’s aluminum & relevant products output grows in Q1 2025
China’s unwrought aluminum alloy imports fall, exports grow in Mar m-o-m, y-o-y China’s unwrought aluminum alloy imports fall, exports grow in Mar m-o-m, y-o-y
Apr .23.2025
China’s unwrought aluminum alloy imports fall, exports grow in Mar m-o-m, y-o-y