# Sinobras completes R$1B expansion of steel plant in Pará

Sinobras is completing a R$1 billion expansion to double its long steel production capacity to 850,000 tonnes per year at its plant in Marabá, Pará.

- Type: Expansion
- Announced: 2023-08-30
- Where: Marabá, Pará, Brazil
- Value: $200.0M (1.00B BRL)
- Starts operating: Oct 2023
- Status: under construction
- Capacity: 850,000 tonnes per year
- Products: long steel products (rebar, wire rod, drawn products)
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Sinobras](https://endata.com/companies/72337.md)

## Sources

- [valor.globo.com](https://valor.globo.com/empresas/noticia/2023/08/30/sinobras-conclui-expansao-de-r-1-bi-da-siderurgica-no-para.ghtml), 2023-08-30: "Aos 15 anos de operação, a Sinobras prevê completar, em outubro, seu plano de duplicação."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.