With the launching of Ternium Industrial Center Palmar de Varela, in the Atlantic, Ternium guarantees that it is capable of supplying 680.000 tons of steel per year for the construction and infrastructure sectors of the country.
Ternium, alongside other steel industries of the country, brings the required steel to the market for growing sectors, like the ones of construction and infrastructure in Colombia.
In Ternium’s case, the Industrial Center in Palmar Varela, the company tripled its production capacity, when it went from producing 220.000 tons of steel to 680.000 tons, with a Colombian seal and workforce.
Additionally, Ternium generates more than 1.500 jobs in the country, with operations supported by production and distribution centers located in Manizales, Barranquilla, Itagüí, Puerto Tejada, Bogotá, Medellín, Montería, and Bucaramanga.
Colombian steel industry sector numbers.
The Colombian steel industry sector produced 53% more in the January-July period of 2021 than in 2020. In July of this year, 16 thousand new projects of public housing were launched in Colombia, which Ternium, Acerías Paz del Río, Gerdau Diaco, Grupo Siderúrgico Reyna, and Sidoc, are part of and they represent 100% of the national production.
In the current context of economic recovery, one of the key factors is the productive work that is generated by the construction sector. “We believe in an inclusive and solidary reactivation, that will maximize efforts made by the State, i.e. bringing them to as many sectors and citizens as possible”, Bruce Mac Master, ANDI (National Business Association of Colombia) President, said in the closing ceremony of the VI CEC (Colombian Business Congress) and 77th ANDI Gathering before the country’s president.
María Juliana Ospina, ANDI Steel Committee director, mentioned that the rising in supplies is a situation that “follows an international merger that has historical-level costs that are still not corrected.”
She also added that the steel trade union has an installed capacity of 2,6 million tons, a volume that surpasses the years of the highest consumption in the history of the country, and “the sufficient quantity to fulfill the growing demand in the construction and infrastructure sector of the country, with projections for 2022 and 2023.”