Mutún Project is 5.5% complete and will finish in 2023

Empresa Siderúrgica Mutún (ESM) informed that the progress in the construction of the steel plant is 5.5 per cent and that the project expects to complete by the end of 2023 when the factory produces at least 200 thousand tons of corrugated steel per year. The state-owned ESM has already disbursed to the Chinese company Sinosteel, in charge of executing the project, 37 per cent of the amount agreed for the construction of the steel plant, which amounts to $546 million.

Source: Los Tiempos