Steel Mills
December 12, 2017
New Hot Rolled Steel Mill Slated for Mexico in 2020
Written by Sandy Williams
The Italian-Argentine industrial consortium Techint Group and its Ternium subsidiary are planning to construct a $1 billion hot rolled steel mill in Monterrey, Mexico. The mill will be part of an expansion of Techint’s industrial center in Nuevo León, where the consortium first started operations in 2013.
The rolling mill will have an annual capacity of 3.7 million metric tons of steel and serve the automotive industry, as well as the machinery, appliances, energy and construction sectors. Completion and startup of the mill is expected in the second half of 2020.
