On Iron and Steel Cooperation Opportunities

Dear Member,

With reference to the letter received from the Commercial Counsellor's Office in Caracas, it is stated that a meeting was held with Pedro Maldonado, President of CVG (Corporacion Venezolana de Guayana), the group of Venezuelan state mining companies, at which he stated that they could sell to Türkiye on favourable terms the Hot Briquetted Iron (HBI) and Direct Reduced Iron (DRI) products produced at their own facilities and used in iron and steel production, and that they needed investment for the renovation of the first line of one of their iron pellet production facilities and for the installation of the second line, and announced that they could complete the said facilities together with Turkish investors and engage in joint production. The information submitted by CVG to our Counsellor's Office in Caracas on the said HBI and DRI products and investment projects is attached, and it is noted that our relevant iron and steel companies wishing to purchase HBI and DRI products from Venezuela or to engage in joint production by investing in the country should be directed to our Counsellor's Office ([email protected]).

Kind regards

 

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Date Added :2021-01-05 11:36:00