Industry News

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

Views : 64
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 >>
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Mar .12.2025
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Mar .12.2025
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they? Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
Mar .12.2025
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
International crude oil prices increase on Mar 11 International crude oil prices increase on Mar 11
Mar .12.2025
International crude oil prices increase on Mar 11