The steel industry is considered a strong indicator of economic progress due to the role played by steel in the country’s infrastructure and economic development. A positive example is that of SINOBRAS – Siderúrgica Norte Brasil S.A. – the first integrated steel company in the North and Northeast regions, which for 14 years has contributed to the development of the state of Pará and throughout the North region.
The company has a production capacity of 380 thousand tons of steel, with a mix of products sold in all regions of Brazil and a differentiated logistical service. With steel production focused on the national market, SINOBRAS had a turnover of R $ 1.6 billion in the last year, consolidating itself as one of the major industries in Pará. Currently, it employs around 1,300 people, collaborating with the economic flow and income generation.
SINOBRAS is part of the Aço Cearense Group, which has been operating in the Brazilian market for over 40 years, and offers customers long steel products for civil construction, such as SI-50 and SI-60 rebar, trusses, annealed wire, mesh and column screen.
In the expansion phase, the company is investing US $ 200 million in its production capacity, which will increase to 800 thousand tons / year of rolled steel. The investment, called SINOBRAS Phase 2, includes a new Laminator; the extension of the warehouses of the Lamination and Drawing Units; increase in scrap processing to 170 thousand tons / year, with the implementation of Shredder equipment; and the construction of a new energy substation and a 230 kV transmission line, which aims to meet the company’s new electrical load needs and provide energy use for the Belo Monte Hydroelectric Plant.
SINOBRAS is associated with the Brazil Steel Institute, an entity representing Brazilian steel producers. The members operate integrated and semi-integrated plants, offering a wide range of steel products that allow them to fully serve the domestic market and maintain a strong export position, placing the sector among the main generators of trade balance in Brazil.