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Institutional

SINOBRAS stands out in the Brazilian steel market

Considered an indicator of economic progress, the steel industry plays a significant role in society and has become a potential force for labor, sustainability, production, and development. SINOBRAS – Siderúrgica Norte Brasil S.A. – the first integrated steel mill in the North and Northeast regions, has been contributing to this development for 16 years in the state of Pará, in Marabá.

SINOBRAS is part of the Aço Cearense Group, with over 40 years of experience in the market, solidifying itself as one of the major industries in Pará, currently employing around 1,300 people directly and generating 16,700 indirect jobs, contributing to the region’s economic flow and income generation.

With a production capacity of 380,000 tons of steel and a range of products sold in all regions of the country, SINOBRAS has a broad presence throughout Brazil, boasting a specialized and qualified team, along with an integrated system that ensures swift delivery anywhere and the best market prices. The company has a well-prepared logistics system and serves its customers through road, coastal, and river transport modes. On average, 1,300 vehicles are mobilized monthly to distribute the production to Brazilian states.

In its expansion phase, the company will increase its production capacity to 880,000 tons per year. This investment, known as SINOBRAS Phase 2, includes the installation of Lamination 2, with a production capacity of 500,000 tons per year of rolled steel coils, a new warehouse for coil straightening, and a new substation and 230kV transmission line, designed to meet the company’s new electrical load requirements and enable the use of energy from the Belo Monte Hydroelectric Plant.

In addition to expansion, in May 2022, SINOBRAS and Vale signed a commitment to develop a New Steel Mill for the production of steel billets in Marabá. The purpose of this project is to foster the development of a metal-mechanical hub, bringing significant opportunities and the establishment of new companies.

Under the signed agreement, Vale supports the project by issuing guarantees to facilitate the financing to be secured by SINOBRAS for the installation of the New Steel Mill. SINOBRAS, in addition to engineering studies, is responsible for the implementation and operation of the plant. Production is expected to commence after the startup of Tecnored, a subsidiary of Vale, projected for the second half of 2025.

Essentially sustainable development

SINOBRAS is the largest recycler in the North/Northeast of Brazil, producing steel with 70% scrap and 30% liquid pig iron. Committed to the environment, it has its own supplier of bioenergy reducer (material used in steel production), SINOBRAS Florestal, a company that is also part of the Aço Cearense Group and owns eucalyptus plantations covering an area of over 40,000 hectares.

Investing in sustainability, SINOBRAS follows the trends of the circular economy, which are based on the principles of eliminating waste and pollution from the beginning of the production process, keeping products in a usage cycle, and regenerating natural biological systems. Thus, the company not only aims to reduce the negative impacts caused by the production system but commits to long-term systemic change, creating business opportunities that contribute to environmental, economic, and social care.

The company has practices that promote environmental management aligned with the sustainability principles of the business, such as internal reprocessing of byproducts in sintering, water recirculation in production processes, sending waste for co-processing in cement plants, and recycling used oils.

Managing atmospheric emissions is also part of SINOBRAS’s strategic management principles, with process improvements to enhance energy efficiency, including reducing electricity consumption in electric furnace steel production, utilizing the energy potential of Blast Furnace gas in the reheating furnace of the Lamination – replacing Liquefied Petroleum Gas (LPG), using bio-reducer (charcoal) from planted forests in pig iron production, and planting forests to reduce greenhouse gas emissions – contributing to climate change mitigation.

Partnerships

SINOBRAS is a member of the Instituto Aço Brasil, a representative entity of Brazilian steel-producing companies. The members operate integrated and semi-integrated mills, offering a wide range of steel products that fully meet the domestic market’s needs while maintaining a strong export position, making the sector one of Brazil’s major trade surplus generators.

The company supports the Rede – Inovação e Sustentabilidade Econômica (Network – Innovation and Economic Sustainability), an initiative of the Federation of Industries of the State of Pará (FIEPA), which focuses on economic sustainability in the business environment, enhancing the growth and evolution of suppliers in Pará through the identification of new investments.

SINOBRAS is also associated with the Associação Comercial e Industrial de Marabá – ACIM (Commercial and Industrial Association of Marabá), a nonprofit entity that brings together the business community of the municipality of Marabá, Pará, with the primary goal of developing and supporting the industrial and commercial sectors of the municipality.

Financial Statements

To access the 2019 financial statement report click here.

To access the 2018 financial statement report click here.

To access the 2017 financial statement report click here.

To access the 2016 financial statement report click here.

To access the 2015 financial statement report click here.

To access the 2014 financial statement report click here.

To access the 2013 financial statements report click here.

(Português do Brasil)