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31 Aug
13:49

Venezuela's Sidor eyes foreign financing to solve problems

Venezuelan state-owned steelmaker Siderúrgica del Orinoco (Sidor) expects its production and financial problems to soon be resolved. The government is trying to attract foreign investors for the mill, with Mexican and Iranian companies at the forefront, Kallanish notes. "Representatives of steel companies from Mexico and Iran, who have not been revealed, are verifying in situ the conditions of the plant to supposedly proceed to possible negotiations,&q…
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