Steel Mills

Ternium Runs First Coils at New Hot Strip Mill in Mexico
Written by David Schollaert
May 20, 2021
Ternium has completed its new hot strip mill in Pesqueria, Mexico, ahead of schedule. The Latin American steelmaker ran its first two hot rolled coils in mid-May at the new mill near Monterrey, more than two weeks ahead of its originally planned June start-up.
“This is a very important milestone; it is the result of the efforts of many people who put their dedication into all this time. It’s a success for the whole team,” said César Jiménez, president of Ternium Mexico.
The new rolling mill, which cost more than $1.1 billion and has an annual hot-rolled capacity of 4.4 million tons, will produce specialized steels for the automotive and white goods industries, according to Ternium’s website.
As the mill comes online, it signals the completion of phase 2 of Ternium’s Pesqueria Industrial Center and a total investment of more than $2.5 billion, which began with the galvanize and paint lines in 2019. With state-of-the-art technologies and more than six thousand sensors, the new hot rolling mill is fully automated, the company claims.
Ternium CEO Maximo Vedoya said during the company’s quarterly earnings call last month that the new hot strip mill would produce its first coil by June 1. And SMU has previously reported that Ternium was taking orders for this summer ahead of the mill’s startup.
By David Schollaert, David@SteelMarketUpdate.com

David Schollaert
Read more from David SchollaertLatest in Steel Mills

Trump says Nippon will ‘invest heavily’ in USS rather than buy it
Nippon Steel has agreed to “invest heavily in U.S. Steel as opposed to own it,” President Donald Trump said on Friday during a press conference with Japanese Prime Minister Shigeru Ishiba. U.S. Steel is “a very important company” and was once “the greatest company in the world”. Of potential foreign ownership of the Pittsburgh-based steelmaker, Trump said, “the concept, psychologically, not good."

ArcelorMittal posts solid results as commissioning of Calvert EAF begins
AM/NS Calvert has begun commissioning its new electric-arc furnace, with plans to reach its full annual run rate of 1.65 million short tons a year from now.

Tampa Steel Conference: Tanners on rising capacities and storms brewing across steel
There's a lot of production waiting to come online

USS idles “B” battery at Clairton following explosion
U.S. Steel has idled its "B" Battery at its Clairton Coke Works near Pittsburgh following a “release of excess pressure” inside a section of the battery on Feb. 5.

ArcelorMittal to start building Calvert NGO electrical steel line this year
ArcelorMittal announced on Thursday that it will begin the construction of its new $1.2-billion electrical steel mill in Alabama later this year. The steelmaker said it is proceeding with plans to build the new greenfield mill near its existing AM/NS joint venture in Calvert, Ala. The ArcelorMittal Calvert plant will have an annealing pickling line, […]