12
May
10:00
Venezuela's FMO boosts local steelmaker with scrap supplies
Venezuela’s state-owned miner Ferrominera Orinoco (FMO) will supply steelmaker Complejo Siderúrgico Nacional (CSN) with scrap, according to FMO president Isaías Suárez Chourio during an interview with local media.
FMO will provide 90,000 tonnes of scrap to CSN, which will be used by the steelmaker to produce billet and rebar for the Venezuelan public works project, Gran Misión Vivienda (GMVV), Kallanish notes. The scrap ori…
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Very good overview of the weekly steel market.
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