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
AHMSA assets to be liquidated; workers call for nationalization
A trustee will lead AHMSA through the liquidation stage of its bankruptcy.
Chuck Schmitt, head of SSAB Americas, to retire next year
After a career in steel spanning four decades, Chuck Schmitt, head of SSAB Americas, will retire next year.
Trump still sour on Nippon’s buy of USS; promises tariff, tax incentives
“I am totally against the once great and powerful U.S. Steel being bought by a foreign company, in this case Nippon Steel of Japan,” Trump said in a post on Truth Social on Monday.
AISI: Output remains low as raw steel production slips
Weekly raw steel production has hovered in this territory for the last two months, now at the sixth lowest rate of the year.
Nucor again holds HR spot price at $750/ton
For the fourth week in a row, Nucor will keep its published spot price for hot-rolled (HR) coil unchanged.