Vale And Sinobras Close Partnership for New Steel Production Plant Project in Marabá

Written by Ruth Rodrigues

Published on 11/05/2022 at 14:41

Updated on 11/05/2022 at 19:45

Foto: James/iStock

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Vale and Sinobras Companies Sign Commitment Term for the Newest Project in the Mining Sector in Marabá, Which Consists of a Steel Production Plant from Pig Iron That Will Be Provided by Vale’s Subsidiary, Tecnored

During this past Monday, (05/09), Vale and Sinobras companies closed a partnership with the signing of a commitment term for a mining project in Marabá, a municipality in Pará. Thus, Vale’s subsidiary, Tecnored, will be responsible for supplying pig iron to the steel production plant, aimed at expanding the exploration of this resource in the state of Pará and bringing new perspectives for the companies in the sector.

Steel Production Plant from Pig Iron in Pará is Vale and Sinobras’ Newest Project for Expansion in the Mining Market in Brazil

Vale and Siderúrgica Norte Brasil S.A. (Sinobras), a company of the Aço Cearense Group, signed a commitment term this week for a steel production plant in the municipality of Marabá. Thus, the steel mill will have the supply of pig iron from Tecnored, a material that will be used for metal production and commercialization after the entire refining process of steel within the companies’ new project.

Tecnored is one of Vale’s subsidiaries and will supply pig iron for the initial production of steel billets, materials used as raw materials by steel mills in the hot rolling process, which can result in various types of products such as bars, profiles, wire rod, CA50 rebar, among others. Additionally, Vale itself will be responsible for part of the investment that will be allocated to the construction of the steel production plant in the state of Pará, although the companies have not disclosed the concrete values for the project.

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Project for Steel Production by the Companies Will Be Essential for the Development of the Marabá Region and the Expansion of the Companies in Mining

The meeting for the signing of the commitment term between the companies included the participation of the governor of the State of Pará, Helder Barbalho; the mayor of Marabá, Tião Miranda; the president of the Aço Cearense Group, Vilmar Ferreira; the vice president of operations of the Aço Cearense Group, Ian Corrêa; and the CEO of Vale, Eduardo Bartolomeo. Thus, all scenarios that will be seen throughout 2021 in the project were discussed.

In this way, Tião Miranda emphasized the importance of the steel production project for the region and stated that “It will start with 250,000 tons of pig iron, using a new, more sustainable technology, which is Tecnored, and they will transform it into steel, reaching 500,000 tons, already with a buyer who will industrialize and has expertise in this, which is Sinobras. Mining without verticalization does not bring development to the region, so we need to verticalize our mineral to bring development and quality jobs.”

Finally, Vale and Sinobras highlighted the relevance of the initiative for expansion in mining, as Sinobras’ production, which is currently 350,000 tons/year, will more than double and will be expanded to 850,000 tons/year, a significant growth for the company.

Vale And Sinobras Close Partnership for New Steel Production Plant Project in Marabá

Vale and Sinobras Companies Sign Commitment Term for the Newest Project in the Mining Sector in Marabá, Which Consists of a Steel Production Plant from Pig Iron That Will Be Provided by Vale’s Subsidiary, Tecnored

Steel Production Plant from Pig Iron in Pará is Vale and Sinobras’ Newest Project for Expansion in the Mining Market in Brazil

Project for Steel Production by the Companies Will Be Essential for the Development of the Marabá Region and the Expansion of the Companies in Mining

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Vale And Sinobras Close Partnership for New Steel Production Plant Project in Marabá

Vale and Sinobras Companies Sign Commitment Term for the Newest Project in the Mining Sector in Marabá, Which Consists of a Steel Production Plant from Pig Iron That Will Be Provided by Vale’s Subsidiary, Tecnored

Steel Production Plant from Pig Iron in Pará is Vale and Sinobras’ Newest Project for Expansion in the Mining Market in Brazil

Project for Steel Production by the Companies Will Be Essential for the Development of the Marabá Region and the Expansion of the Companies in Mining

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Workers were opening a modern road in Dover when they found, 6 meters below the asphalt, a 3,500-year-old boat made of stitched oak and plant fibers.

Dissatisfied with seeing people sleeping on the street, a man named Ryan Donais started building small mobile homes so that homeless people can escape the cold, each equipped with a bed, running water, electricity, and heating.

Consumers eat six times more chicken than in the 1960s, global meat supply quadruples in 60 years, and FAO report reveals the invisible cost on the plate: livestock could drive 80% of the increase in agricultural emissions over the next decade.

Using high-resolution satellite images, archaeologists rediscovered the Egyptian city of Imet, buried for centuries in the Nile Delta, revealing rare multi-story houses, granaries, and a sacred road linked to the cobra goddess Wadjet, from about 2,400 years ago.

An Indonesian fisherman pulls a mysterious object from the sea and discovers that it is a Chinese underwater monitoring system, part of the so-called Underwater Great Wall that Beijing uses to track submarines and unmanned vehicles in strategic straits of the region.

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