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    Market Segment

    August 26, 2021

    SMU Steel Summit: Ternium Ramps New HSM, Eyes More Growth

    Written by Michael Cowden

    Ternium Mexico continues to ramp up its new hot strip mill outside of Monterrey while also eyeing potential expansions on both sides of the Rio Grande, the company’s top executive said.

    “We still have a lot of things to do in Mexico. But also in the States, our facility is running at 100% capacity – so we need more capacity there,” Ternium Mexico Executive President César Jiménez said. “So if the opportunity comes and it’s an attractive opportunity…”

    Michael Cowden

    Michael Cowden is editor-in-chief for Steel Market Update. Cowden has covered the steel industry since 2007. He specializes in flat-rolled steel but has also reported on steel long products, steel pipe and tube, and aluminum. Before joining SMU, Cowden held reporting jobs at Fastmarkets AMM in Chicago, the Associated Press in Pittsburgh, and the Cambodia Daily in Phnom Penh. He has also worked as a copy editor and in marketing at the University of Chicago Press. Cowden has a BA in English from the University of Chicago and an MSJ journalism from Northwestern University’s Medill School of Journalism. Contact him at michael@steelmarketupdate.com or 724-759-7872.

    Read more from Michael Cowden

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