Steel Mills

Ternium to Invest $225 Million in Guerrero Plant
Written by John Packard
September 3, 2013
On July 22nd the Ternium Guerrero plant suffered an explosion during maintenance at the electric arc furnace (EAF) which resulted in the deaths of 11 employees.
Late last week Paulo Rocca, Ternium CEO, announced the company was investing $225 million on plant safety, environmental measures, maintenance and remodeling of the Guerrero facilities.
In a press release Ternium defined the industrial safety measures being taken as including, “expanding monitoring systems, installing additional detectors inside each industrial space, reinforcing ventilation systems and outlining new signage and evacuation routes.”
The company is also modifying their organization of the mill and is making changes in the scrap and slag holding areas as well as mineral and transfer yards.
The Guerrero plant was built in the 1940’s and employs 3,900 people of the 9,200 workers Ternium has in Mexico.

John Packard
Read more from John PackardLatest in Steel Mills

Hybar lowers output forecast, owning up to EAF startup delay
Hybar LLC’s rebar mill in Osceola, Ark., is now melting scrap and will soon be fulfilling orders, according to CEO David Stickler, despite a six-to-eight-week delay caused by commissioning the world’s first Aura electrical system.

Steel Dynamics guides to more metal, more money in Q3
Steel Dynamics Inc. is bullish heading into the close of the third quarter, with all three of its operating segments tracking higher.

AHMSA opens doors to potential buyers as $1.3B asset auction nears
AHMSA is opening its doors to potential buyers to tour its steel plant and mining operations in northern Mexico in preparation for the next stage of its bankruptcy process: the auction of its assets.

USW seeks clarity on USS plans for Granite City Works
The United Steelworkers union has asked U.S. Steel to elaborate on its Granite City Works plans following reports that the steelmaker is ending processing at the facility.

Nucor maintains plate prices, opens October order book
Nucor aims to keep plate prices flat for a seventh straight month with the opening of its October order book.