Altos Hornos de Mexico (AHMSA), in Coahuila, will invest US$680 million over the next 18 months, with the objective of “entering in full to the specialty steel and the automotive industry”. Alonso Ancira Elizondo, President of AHMSA, explained that this decision was made due to the continued levy to steel.
In addition, the multi-million investment is considering the acquisition of a cold laminating machine, to produce a million and a half tons, as well as a tin plate factory with capacity for 400,000 extra tons.
Source: Zocalo Saltillo