Mexicos biggest integrated steelmaker, Altos Hornos de
México (Ahmsa), officially commissioned its Fénix
expansion project July 18.
Enrique Peña Nieto put the Fénix Steckel mill
into operation during the commissioning ceremony at
Ahmsas facility in Monclova. "The Mexican steel industry
has been and will (continue to be) an engine of economic
growth," Peña Nieto said at the ceremony.
The project comprises
a 1.46-million-tonne-per-year blast furnace, a
1.2-million-tonne electric-arc furnace, a 1.2-million-tonne
slab caster and a 1-million-tonne plate mill, which together
cost around $1.5 billion.
steel production will increase about 36 percent to around 4.75
million tonnes per year from 3.5 million tonnes currently.
"Thanks to the
Fénix project, we will replace steel imports (in
Mexico)," Ahmsa president Alonso Ancira Elizondo said.
Ancira Elizondo asked
Peña Nieto for the opportunity to supply the steel
needed for the Los Ramones natural gas pipeline project being
built by state-owned oil and gas company Pemex.
The pipeline will need
about 400,000 tonnes of steel pipe and will cost more than $3
billion, according to information from both Pemex and Mexican
steel association Canacero.
A version of this article was first published by AMM sister
publication Steel First.