Metaldom
| Industry | Ferrous metallurgy |
|---|---|
| Founded | 1967 |
| Headquarters | Santo Domingo, Dominican Republic |
| Products | Long steel, specialty steel, flat steel, and other steel products |
| Website | metaldom |
Complejo Metalúrgico Dominicano, S. A. (METALDOM) is the largest steel manufacturer in the Dominican Republic, with an annual capacity of 1 million tons.
History
[edit | edit source]The company was founded in 1967.[1][2]
In October 2014, Metaldom merged with Industrias Nacionales (INCA), then a subsidiary of Gerdau, to form Gerdau Metaldom.[3] At that time, the company operated 3 plants with an annual capacity of 1 million tons of rolled products.[4] INCA was founded in 1947.[1] Gerdau had acquired a 30.45% stake in INCA in 2007 for $42 million.[5]
In 2016, the company opened a new steel plant to produce cut and bend wire rod steel for construction.[6]
In June 2022, the company dismantled its plant on the Malecón in Santo Domingo.[7]
In February 2024, Gerdau sold its 50% interest in the company to INICIA, which already owned the other 50% interest.[8][9]
References
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