CVG Briquetera de Venezuela DRI plant

From Global Energy Monitor


This article is part of the Global Steel Plant Tracker, a project of Global Energy Monitor.

CVG Briquetera de Venezuela DRI plant (CVG Briquetera de Venezuela), also known as Briqven, is an iron plant operating in Ciudad Guayana, Venezuela.[1] CVG Briquetera de Venezuela operates two direct reduced iron (DRI) plants.[2]


The map below shows the location of the plant in Ciudad Guayana, Venezuela.

Loading map...


The CVG Briquetera de Venezuela DRI plant traces its origins back to 2000, when it was founded under the name POSVEN by an international consortium led by the Korean company Posco, with minority stakes held by the Corporación Venezolana de Guayana, Daewoo y Hyundai.[1] In 2004 a new consortium led by Techint assumed ownership of the plant, changing its name to Matesi (Materiales Siderúrgicas) and increasing annual iron production to the plant's full capacity of 1.5 million tpa (tonnes per annum).[1]

In 2009, Matesi was nationalized, together with several other Venezuelan steel producers.[1] In December 2010, after nearly two years of inactivity, the plant resumed production under the new name Briqven (Briqueteras de Venezuela).[1] However, DRI output over the ensuing decade has hovered between 0 and 200,000 tonnes per annum[1], with production often severely curtailed or completely halted due to various mishaps, including fires, blackouts, and pellet shortages.[3][4][5][6][7]

Plant Details

Articles and resources


  1. 1.00 1.01 1.02 1.03 1.04 1.05 1.06 1.07 1.08 1.09 1.10 1.11 1.12 1.13 "Empresas Heridas de Muerte: Corrompiendo el Metal" (PDF). Transparencia Venezuela. 2018.
  2. 2.0 2.1 2.2 2.3 2.4 "2020 World Direct Reduction Statistics" (PDF). Midrex. September 14, 2021.
  3. 3.0 3.1 "Fire halts Venezuela's HBI output, exports: union". Argus Media. April 17, 2020.
  4. 4.0 4.1 "Datos | Debacle productiva y financiera en empresas de Guayana hace de su recuperación una misión imposible". Banca y Negocios. January 24, 2021.
  5. 5.0 5.1 "Un incendio en Planta de Pellas de Sidor paraliza la única área operativa en la siderúrgica". Correo del Caroní. April 4, 2020.
  6. 6.0 6.1 "Denuncian incumplimiento de beneficios laborales en la paralizada Briqven". Correo del Caroní. May 14, 2019.
  7. "Venezuela's HBI producers Comsigua, Briqven halt operations on pellet issue". Metal Bulletin. December 5, 2014.
  8. "BRIQVEN". Google Maps. Retrieved 2022-01-31.
  9. 9.0 9.1 9.2 "Decreto Nº 3.549, mediante el cual se adscribe la empresa Briquetera del Orinoco C.A. (ORINOCO IRON) a la Corporación Venezolana de Guayana (CVG)". Pandectas Digital. August 16, 2018.
  10. "2022 AIST DRI & HBI Roundup". AIST. Retrieved 2022-01-30.
  11. "BRIQVEN". Facebook. Retrieved 2022-01-31.

Other resources

This page uses material from the Wikipedia page [ Page Title] under the provisions of the Creative Commons Attribution-ShareAlike 3.0 Unported License.