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    Market Segment

    March 7, 2025

    Auction of AHMSA assets is next step in bankruptcy proceedings

    Written by Laura Miller

    An inventory valuation of the assets of Altos Hornos de Mexico SA (AHMSA) has been completed. Local reports suggest an auction for the assets of the bankrupt steel company could come as soon as the end of this month.

    Recall that AHMSA was officially declared bankrupt in November 2023. Attorney Victor Manuel Aguilera Gomez took control of the company in December as bankruptcy trustee. On March 4, he submitted his AHMSA asset valuation report to Mexico’s Second District Court for Commercial Bankruptcy Matters.

    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.

    Read more from Laura Miller

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