A federal judge in Mexico ordered that the electricity be restarted at Altos Hornos de México’s (AHMSA’s) steel mills, according to Mexican media reports.
Crews from the Comisión Federal de Electricidad (CFE) started working on Monday to restore the electricity to the two mills in Monclova, Coahuila, according to a report from Mexico’s Radio Zócalo on Tuesday, May 2.
AHMSA has been without electricity since the end of February because of a debt owed to the CFE, the article said.
A report from Mexico’s Vanguardia on Wednesday said that AHMSA now has power.
This comes as a bankruptcy by the Mexican steelmaker clears the way for new owners to restart its operations. On April 20, Argentem Creek Partners were announced as the new shareholders.
Production at AHMSA had been stopped since December 2022.
CRU, SMU’s parent comany, currently expects AHMSA to restart production in Q3 and a slow ramp up in Q4 and early 2024.
By Ethan Bernard, email@example.com
Latest in Steel Mills
USS Granite City HSM, downstream ops continue despite idling of steelmaking
U.S. Steel will continue to operate the hot strip mill and finishing lines at its Granite City Works in southern Illinois.
SMU survey: Direction of mill lead times mixed on holiday season lull
Movements in lead times were mixed in SMU’s check of the market this week – a reflection of the seasonal dip in ordering that is typically seen during the winter holiday season.
TimkenSteel implements Worlds’ AI platform into steelmaking ops
TimkenSteel has begun utilizing AI software from Worlds to gain insight into its steel manufacturing processes.
AM/NS Calvert, Outokumpu extend tolling arrangement
AM/NS Calvert will continue providing hot rolling tolling services for Outokumpu for the time being.
SMU Community Chat: Algoma’s CEO talks prices, decarb, raw materials
Algoma Steel’s CEO Michael Garcia joined SMU Managing Editor Michael Cowden for a Community Chat on Wednesday, Nov. 29. A great discussion was had on topics ranging from plate pricing to decarbonization efforts, raw materials strategies, and more.