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ArcelorMittal Mexico to build 2.5 million tpy hot strip mill


ArcelorMittal Mexico is to build a 2.5 million tonne per year capacity hot strip mill and a 650,000 tpy hot skin pass mill at its Lázaro Cárdenas site in Michoacán, Southern Mexico. Both mills are planned to start up in 2020.

The new hot strip mill forms a part of ArcelorMittal’s plans to invest $1 billion in its Mexican operations over 2017-2020, which it announced in September 2017.

“The investments will help us to meet the demand requirements for higher-added value products we expect to see from domestic customers, which today are heavily dependent on imports while continuing to support ArcelorMittal’s Nafta operations by providing high-quality semi-finished steel slabs,” ArcelorMittal Mexico chief executive officer Victor Cairo said at the time.

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