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Deacero brings $700M Mexican mini-mill online

Keywords: Tags  steel, Mexico steel, Deacero, Raúl Gutiérrez Muguerza, crude steel, long steel, Rodrigo Alonso

MEXICO CITY — Mexican steel producer Deacero SA de CV has reportedly started operations at its new Acería 3M plant in Ramos Arizpe, in the country’s northern Coahuila state.

Crude steel production at the $700-million mini-mill started March 29, according to local news reports.

Deacero didn’t respond to several requests for comment from AMM sister publication Steel First.

Operations at the plant’s rolling mill started in February last year using billets sourced from the company’s existing mill in Celaya, in the central state of Guanajuato, general director Raúl Gutiérrez Muguerza said late last year.

The new mill has an installed production capacity of 1.5 million tonnes per year of crude steel and 1 million tonnes per year of long steel products, mainly rebar and wire rod.

Deacero’s total capacity will now increase to 4.5 million tonnes per year of crude steel and 3.7 million tonnes per year of finished products.

A version of this article was first published by AMM sister publication Steel First.

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