Steel Mills
Blockade of AHMSA Coke Plants to Delay Production Restart
July 31, 2023
Mexican steelmaker Altos Hornos de México (AHMSA) said there could be an “indefinite” delay to the restart of production because of a blockade by activists.
The company said its steel plants in Monclova, Coahuila state, were blockaded by activists of the Sindicato Nacional Minero (National Mining Union), which represents AHMSA’s striking workers, according to a press release on Twitter from July 28.
AHMSA said it could not supply gas to maintain the temperature of the furnaces in coking plant #1 as a result of the blockade. The cooling process caused damage, the company said, “which will indefinitely delay the restart of production.”
The steelmaker added that this will result in “complicating the process of takeover by new investors.”
Recall that production has been shut down at AHMSA since December. The company announced an agreement in late February to sell the majority of its shares to a group of foreign investors to recapitalize the company. The shareholder was later revealed as credit specialist firm Argentem Creek Partners. However, uncertainty around the sale has remained, as Argentem has also asked the Kickapoo Tribe of Texas for financing for AHMSA.
A spokesman for AHMSA could not be reached for comment. A spokesperson for Argentem Creek could not be reached by time of publication.
By Ethan Bernard, ethan@steelmarketupdate.com
Latest in Steel Mills
USW seeks clarity on plans for Granite City Works
The United Steelworkers union has asked U.S. Steel to elaborate on its Granite City Works plans following reports that the steelmaker is ending processing at the facility.
Nucor maintains plate prices, opens October order book
Nucor aims to keep plate prices flat for a seventh straight month with the opening of its October order book.
ArcelorMittal Mexico to import from sister mills as it works to resume DRI production
ArcelorMittal has partially restarted operations at its direct reduction plant in Lazaro Cardenas, Michoacan. An explosion on Aug. 18 rocked the massive steelworks on Mexico’s Pacific coast, impacting production of direct-reduced iron (DRI).
Fall maintenance outages are coming in hot
Labor Day has passed, the sun is starting to set a little earlier each day, and cooler weather has begun to find its way down to many of us across North America. And you know what that means for the steel industry… Fall maintenance outages!
AISI: Domestic steel production ticks up
US raw steel production ticked up in the week ending on Sept. 6 after a decrease the week before, according to the most recent data from the American Iron and Steel Institute (AISI).