MEXICO CITY South Korean
steelmaker Posco Ltd. is investing about $45.9 million to build
two new service centers in Mexico to provide steel products to
the countrys automotive and durable goods sectors.
Subsidiary Posco-MPPC SA de CV
will open a new service center in Celaya, Guanajuato state,
with the capacity to process 122,000 tonnes of steel products
per year, Posco-MPPC president Juan Kim told AMM
sister publication Steel First. The plant is expected
to come on stream by the end of October, he said.
The other center, Posco MAPC,
will be able to process about 110,000 tonnes per year in a
183,000-square-foot facility in the central state of
Aguascalientes, near to a Nissan Motor Co. Ltd. automaking
plant currently under construction.
Posco Mexico SA de CV did not
reply to queries from Steel First about Posco
The plants in Celaya and
Aguascalientes will be the fourth and fifth service centers
owned by the Korean steelmaker in Mexico.
A version of this article was first published by AMM sister
publication Steel First.