Steel Mills

Deacero breaks ground on mini-mill in northern Mexico
Written by Laura Miller
June 11, 2024
Mexican longs producer Deacero recently celebrated the start of the construction of its new $600-million mini-mill in Ramos Arizpe, Coahuila, in northern Mexico.
The new mill, dubbed the Ramos II Investment Project, will have an annual production capacity of 1 million tons of large structural profiles. Its location is near to Deacero’s existing Ramos Arizpe mini-mill which makes smaller sections.
Ramos II operations are expected to begin in February 2026, the company said in a statement on June 5.
Italy’s Danieli will supply the plant with an electric-arc furnace (EAF) and rolling mill for profiles up to 27 inches. The mill equipment supplier said this will be its fifth mini-mill installation for the Mexican steelmaker.
The mill will use digital technology to ensure the scrap fusion process does not affect Mexico’s electrical grid, the first use of this technology in Latin America, Deacero said.
Monterrey-based Deacero is Mexico’s largest longs steel producer, manufacturing a wide range of products, including rebar, wire rod, and structurals.

Laura Miller
Read more from Laura MillerLatest in Steel Mills

CRU: Interest in AHMSA is growing
Representatives of at least six companies interested in acquiring AHMSA have reportedly begun to carry out physical inspections of the insolvent company’s assets.

USW urges Algoma to diversify product line as $500M lifeline meets wider Q3 losses
The United Steelworkers (USW) is pushing for transparency after Algoma Steel announced earlier this week that it has received CA$500 million in financing from the Canadian government.

Oregon Steel Mills lifts plate prices by $60/ton
Oregon Steel Mills has joined other producers in announcing a price increase of at least $60 per short ton on steel plate.

Algoma speeds up EAF transition, shifts focus to supplying mostly plate to Canadian market
Upended by the Trump regime's tornado of tariffs, Algoma Steel is pivoting on its cross-border business model, shifting its focus to supplying the Canadian market.

White House confirms use of ‘golden share’ to intervene at Granite City: Report
The White House confirmed it stepped in to block the halting of steel processing at U.S. Steel’s Granite City Works in Illinois, according to media reports.