Market Data
December 19, 2022
Ternium Taps Andritz for Pesquería Mill Pickling Line
Ternium has named international technology group Andritz to build its new high-end push pickling line (PPL) near Monterrey, Mexico.
The new line in Pesquería will have an annual capacity of approximately 600,000 tons, and will be used mainly for the automotive and home appliance industry, Andritz said.
The company added that the line is designed for advanced, high-strength steel grades, with startup scheduled for mid-2024.
As previously reported, Ternium had announced a $1-billion investment last February to add downstream capabilities to its new 4.5-million-ton-per-year hot rolling mill in Pesquería. The project includes the pickling line and tandem cold mill with capacity of 1.5 million tons per year (tpy), a 500,000-tpy galvanizing line, and related finishing equipment.
Additionally, SMU has reported that the Latin American steelmaker is considering a new United States-Mexico-Canada (USMCA) compliant greenfield electric-arc furnace facility. Ternium said an announcement could be expected by the end of this year or in 2023.
César A. Jiménez Flores, the president of Ternium Mexico, will be speaking at the Tampa Steel Conference on Feb. 5-7. You can learn more about the event and register here.
By Ethan Bernard, Ethan@Steelmarketupdate.com
