Venezuela aluminium production continues to fall last year

Venezuela industry said in its annual report, 2015 venezuela aluminium production continues to fall, but the iron ore production increased slightly, labor disputes over the past year, investment, cautious and a deep recession.

Venezuela is Latin America’s largest aluminium producer, last year produced 90795 tons of aluminum, down 15% compared with 2014.

The government says it wants mines can rebound this year, but the President Nicolas Maduro has asked the country’s metal enterprises reduce shipments to help implement energy saving plan.

State-run Ferrominera company is one of the largest iron ore producer, venezuela, in 2015 the annual output of 12 million tons, 9% increase from 11 million tons in 2014, is one of the worst year yield.

However, the data is still far below its capacity of 25 million tons.

State-owned enterprises Sidor is one of the largest steel maker, venezuela, 2015 annual output increased slightly, produced 1.06 million tons of liquid steel, still far below its capacity of 5 million tons.