Steel Mills
Monclova Expansion Boosts Steel Shipments for AHMSA
Written by Sandy Williams
November 25, 2014
Mexican steel producer Altos Homos de Mexico SA (AHMSA) reported steel shipments of 361,939 tonnes (398,962 tons) in October. Shipments reached a new high due to increased production from expansion at Monclova. Annual production capacity has been boosted to 5.5 million tons from 4.75 million tons (6.06 million tons and 5.23 million tons, respectively).
The Monclova expansion includes a new blast furnace, new electric arc furnace, continuous caster, an oxygen plant and rolling mills for plates and HRC.
For third quarter AHMSA reported shipments totaled 932,943 tonnes (1.02 million tons). At the current rate, fourth quarter shipments could exceed over 1 million tonnes (1.2 million tons).
In its guidance for 2015, AMHSA said it expects to produce 5 million tonnes (5.51 million tons) of liquid steel next year.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
Explosion rocks ArcelorMittal’s DR plant in Mexico
ArcelorMittal reported a "strong" explosion at the direct reduction part of its massive Lazaro Cardenas mill in Mexico.
SDI to acquire remaining stake in New Process Steel
Steel Dynamics Inc. (SDI) announced that it has agreed to acquire the remaining 55% equity interest in New Process Steel.
North Star results improve despite buyer caution as tariffs drive prices higher
North Star BlueScope said it is optimistic that US tariffs will bolster selling prices and tighten the spread the Australia-based steel maker suffered in 2025.
AISI: Domestic steel production edges down
US raw steel production declined last week, according to the latest data released by the American Iron and Steel Institute (AISI).
Cliffs inks longer-term contracts with US automakers hedging tariff inflation: Report
Cleveland-Cliffs Inc. has reportedly signed "unusually long" fixed-price supply agreements with multiple US automakers.