Votorantim Siderurgia

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Votorantim Siderurgia
Type Private
Industry Siderurgy
Founded (2008)
Headquarters São Paulo, Brazil
Key people Albano Chagas Vieira (CEO)
Products Steel, Iron, Coal
Revenue Increase US$ 1.7 billion (2013)
Net income Decrease - US$ 33.7 million (2013)
Employees 5,390
Parent Votorantim Group
Subsidiaries Acerías Paz del Río
Website www.vsiderurgia.com.br

Votorantim Siderurgia is a steel company created in 2008 by Brazilian conglomerate Votorantim Group. At the time it was created, the company had 5,300 employees and operations in Brazil, Argentina, and Colombia and installed capacity of 2.45 million tonnes per year.[1][2][3]

The company controls three steel mills in Latin America and the fourth is under construction in Brazil. In addition to their own plants, was hold 13% of the voting shares of Usiminas. The oldest unit is a steel Barra Mansa in Rio de Janeiro State, 1937. The other two plants - Acerías Paz del Río, Colombia, and AcerBrag in Argentina - were acquired in 2007. The steel construction, which entered into operation in September 2009, is located at Resende(RJ) and its ability to produce 1.03 million tons of long steel.

In addition to producing and selling steel, Votorantim Siderurgia acts in the operation of mines of iron ore and coal and in the development and management of forest plantations for the production of charcoal used in the production of pig iron, a major raw materials for the manufacture of steel.

References[edit]

  1. ^ "Votorantim Siderurgia becomes conglomerate's seventh unit - Regional". Business News Americas. July 4, 2008. Retrieved 21 February 2010. 
  2. ^ "Votorantim doa R$ 84 mil para a Fundação Confiar de Resende". Diário do Vale (in Portuguese). 18 February 2010. Retrieved 21 February 2010. 
  3. ^ "Grupo Votorantim anuncia associação com siderúrgica colombiana". G1 (in Portuguese). 24 September 2008. Retrieved 21 February 2010.