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Siderúrgica de Orinoco C.A. "Alfredo Maneiro" (Sidor) is the biggest
Venezuelan steel corporation. The company is situated in an industrial zone in Ciudad Guayana, Bolívar State, near the Orinoco River. Major iron deposits were found in the area in 1926 and 1947. The plant was designed to make use of hydro-electricity from the river Caroni.
History
Founded in 1953 as a public company, it was privatised in 1997 under President Rafael Caldera, with a 60% stake going to Argentina's Ternium. It was renationalised in mid-2008 under Hugo Chávez following a series of industrial disputes over pay which had paralysed the company for over year. In early 2009 compensation of around $1.65bn was nearly agreed for the nationalisation of Ternium's 59.7% stake, with Ternium also keeping a 10% stake in the company. In May 2009 a final compensation total of $1.97bn was agreed.
奥里诺科钢铁公司(Sidor)位于委内瑞拉东南部的玻利瓦尔州,是该国最大的钢铁公司,2007年液态钢产量达430万吨,国内商场的销售比例超过了60%,并出口板坯和成品钢材。2008年4月,委内瑞拉政府宣布将对奥里诺科钢铁公司实施国有化。
公司网址 http://www.sidor.com/
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