17
Feb
13:52
Ternium expansion includes new hot strip mill: ceo
Latin American steel producer Ternium, part of the Techint Group, confirms it is planning to expand its Pesquería plant in Mexico’s Nuevo León state. The company told analysts during its fourth-quarter conference call the investment is almost $1 billion.
Earlier this week, Mexican President López Obrador had incorrectly indicated the planned investment would be MXN 1 billion, or $49.09 million (see Kallanish passim).
“We are in th…
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Anonymous
Very good overview of the weekly steel market.
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