Siderúrgica del Turbio S.A. (Sidetur) was a subsidiary of Siderúrgica de Venezuela S.A. (
Sivensa
Sivensa ( BVCSVS is the second largest Venezuelan steel producer. Sidor, which was nationalized in 2008, is the largest. However, Sivensa, founded in 1948, has been Venezuela's largest steel producer in the private-sector as of 2008.
History
...
), the biggest wholly private
Venezuela
Venezuela, officially the Bolivarian Republic of Venezuela, is a country on the northern coast of South America, consisting of a continental landmass and many Federal Dependencies of Venezuela, islands and islets in the Caribbean Sea. It com ...
n steel corporation. Their main products are rebars, bars, beams, angles and flats. Sidetur develops their exporting activity in more than 25 countries in the markets of America, Africa, Asia and Europe. Their seven operating plants are located in the states of Bolívar, Carabobo, Miranda, Lara and the Capital District. Additionally, Sidetur has 14 ferrous material collection centers located in various cities.
Founded in 1948 in
Antímano
Antímano is a district of Caracas, Venezuela. It is part of Libertador municipality. According to a 2007 estimate of the National Institute of Statistics of Venezuela, it had a population of 150,971 people in 2007.
The name Antímano derives ...
,
Caracas
Caracas ( , ), officially Santiago de León de Caracas (CCS), is the capital and largest city of Venezuela, and the center of the Metropolitan Region of Caracas (or Greater Caracas). Caracas is located along the Guaire River in the northern p ...
, Sidetur now has six plants, all in Venezuela.
In 1998, Sivensa suffered a strong crisis - mainly due to the
Asian Crisis - which reduced the size of the company and generated a big debt. Thanks to high steel prices, the situation of the company is improving with the years. Nowadays, the company has a capacity of annual production of 835,000 tons of steelmaking, 615,000 tons of rolling and 67,000 of electric welding.
In 2010 Sidetur´s assets were expropriated by the Chavez Government. As of May 21, 2013 no compensation was paid to former owners.
Plants
All six of Sidetur's plants are located in Venezuela. Only two of them, Planta Barquisimeto and Planta Casima, are designed to melt steel into
billets
In European militaries, a billet is a living-quarters to which a soldier is assigned to sleep. In American usage, it refers to a specific personnel position, assignment, or duty station to which a soldier can be assigned. Historically, a billet w ...
.
Sidetur ferrous material collection centers are located nationwide in Venezuela. The company serves the following cities and their neighboring areas:
* Caracas
* Guarenas
* Santa Lucía
* Valencia
* Cagua
* Barquisimeto
* Maracaibo
* Ciudad Ojeda
* El Vigía
* Barcelona
* Maturín
* El Tigre
* Puerto Ordaz
* Porlamar
Production
The following table shows the production capacities of the different plants that Sidetur owns in
metric tons
The tonne ( or ; symbol: t) is a unit of mass equal to 1,000 kilograms. It is a non-SI unit accepted for use with SI. It is also referred to as a metric ton in the United States to distinguish it from the non-metric units of the sh ...
per year.
See also
*
List of Companies of Venezuela
*
Siderúrgica de Venezuela S.A. (Sivensa)
*
Steel
Steel is an alloy of iron and carbon that demonstrates improved mechanical properties compared to the pure form of iron. Due to steel's high Young's modulus, elastic modulus, Yield (engineering), yield strength, Fracture, fracture strength a ...
References
{{reflist
External links
Official Website
Steel companies of Venezuela
Manufacturing companies based in Caracas