Bankrupt AHMSA seeks new buyer

Altos Hornos de México (AHMSA) announced it will be entering the final stage of bankruptcy.

In Mexico, a commercial bankruptcy can have up to three stages: declaration, conciliation, and bankruptcy. A company must reach agreements with its creditors during the 185-day conciliation stage. If the agreements are not fulfilled, the company then enters the third phase of bankruptcy. That’s when the liquidation of assets begins in order to pay creditors.

AHMSA
Mexico

Laura Miller

Laura Miller is a reporter and editor for Steel Market Update. She has held various editorial positions with steel industry publications, associations, and mills since 2007. She joined the SMU team in 2022. She is a member of the Association of Women in the Metal Industries and a past-president of the AWMI Pittsburgh Chapter. She holds a BA in Latin American Studies from Edinboro University of Pennsylvania.

Laura Miller

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