首页|DANIELI DETAILS VENTURE IN VENEZUELA FOR DRI-BASED STEELMAKING
DANIELI DETAILS VENTURE IN VENEZUELA FOR DRI-BASED STEELMAKING
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Plant designer and equipment-builder Danieli SpA is committed to a new steelmaking venture in Venezuela. It agreed to build, own, and operate Qualimetal at Puerto Ordaz along with state-owned industrial group Corporacion Venezolana de Guayana (CVG.) A third party to the venture is Ferrominera, CVG's mining subisdiary. The project was reported earlier this year but not made official until an announcement at the Latin American Iron and Steel Institute expo in October. Qualimetal should start up in 2006. Danieli will own 51 percent of the venture, which is reported to involve a total investment of 718 million dollars.