SÃO PAULO, Brazil
Ternium Mexico SA de CV expects to reach full capacity at its
Tenigal hot-dipped galvanized mill in Pesquería, in
Mexicos Nuevo León state, in 2015.
"The ramp-up will take more time
than a commercial line ... and will demand time to gain local
market share, as we will be replacing imports," Ternium chief
executive officer Daniel Novegil said Feb. 20 during a call for
investors and analysts.
The plant, a joint venture with
Japans Nippon Steel Corp., is designed to produce 400,000
tonnes per year of high-grade galvanized and galvannealed steel
sheet for the automotive industry.
Ternium has been in talks with
automakers in preparation of the qualification procedures for
Tenigals start-up is
expected in June 2013, while its commercial operation is slated
to begin in August, Novegil said.
1.5-million-tonne-per-year cold-rolling mill in Nuevo
León is also scheduled to come on-stream in August 2013,
with commercial output due in October, he added.
The facility will also supply
high-end products to meet demand from the automotive
A version of this story was
first published by AMM sister publication Steel First.