Pumping iron

A Raytheon-led consortium will design and build a $262m steel feedstock plant at Venezuela’s Guayana City. It should produce an annual 1.5million tonnes of hot briquetted iron when it comes on stream in 1999.

A Raytheon-led consortium will design and build a $262m steel feedstock plant at Venezuela’s Guayana City. It should produce an annual 1.5million tonnes of hot briquetted iron when it comes on stream in 1999.