Steel Mills
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2024/06/deacero-logo.png)
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.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2024/02/SMU_LM_headshot.png.jpg-150x150.png)
Laura Miller
Read more from Laura MillerLatest in Steel Mills
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/Nucor.png)
Nucor lowers 2024 output estimate for Brandenburg plate mill
Nucor has lowered the 2024 production estimate for its Brandenburg, Ky., plate mill due to soft market conditions.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/SSAB.png)
SSAB adjusts output in weak Q3, readies for Q4 rebound
SSAB said lower plate prices in the US were the primary reason for reduced results in the second quarter. With a dismal Q3 outlook, the Swedish steelmaker is adjusting production across its facilities. That includes moving up its annual US mill outage in anticipation of a better Q4. SSAB Americas Revenues in the Americas segment […]
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/Nucor.png)
Topalian puts focus on “unfair” trade, eyes USMCA partners
Nucor’s top executive expressed concerns over unfair trade practices, highlighting increased steel imports from Mexico and Canada.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/Cliffs_logo2.2.png)
Cliffs sees close of Stelco buy, bottom to steel tags, and Mexico out of USMCA
Cleveland-Cliffs expects its acquisition of Canada’s Stelco to close later this year, which will help the the Cleveland-based steelmaker as a bottom to steel tags nears.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/Nucor.png)
Nucor posts lower Q2 earnings, predicts tough Q3 too
Nucor recording lower second quarter earnings on falling steel prices. And the Charlotte, N.C.-based predicted that profits would be lower still in the third quarter, primarily because of weaker results from its steel mills divisions.