Mexicos Acero Prime SRL de CV expects to process about
520,000 tonnes of steel products in 2013, a senior executive
said, a 5-percent increase from 2012.
The San Luis Potosí-based
flat steel tolling and distribution company processed some
495,000 tonnes of flat steel in 2012, general manager Arturo
Marroquín told delegates at AMMs 18th
annual Mexican Steel Forum.
"About 85 percent of this
tonnage went to the automotive industry, some 10 percent for
the appliance sector and 5 percent to other industries," he
The company expects to achieve
the 5-percent increase this year even though it views 2013 as
"a flat year in comparison to 2012," as its major investments
in Mexico arent slated until 2014 to 2016,
Acero Prime is currently working
at about 65 percent of its total processing capacity. Its San
Luis Potosí facility can process as much as 300,000
tonnes per year, while its Ramos Arizpe plant has a capacity of
nearly 260,000 tonnes per year.
Acero Prime also owns a steel
coil warehouse and distribution center in Toluca, about 40
miles southwest of Mexico City.
The company, which provides
tolling services to automotive stamping plants, as well as
appliance and general manufacturers, has no expansion projects
in sight for the near term, Marroquín added.
A version of this article
was first published by AMM sister publication Steel