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    Market Segment

    AHMSA drama deepens as drawn-out bankruptcy slowly progresses

    Written by Laura Miller


    With a long history mired by financial difficulties and corruption scandals, the story of steelmaker Altos Hornos de México (AHMSA) continues to unfold like a telenovela.

    This week on AHMSA: A former CEO goes to court for swiping tin. An OEM distributor slams the bankruptcy trustee for failing workers and creditors. The company fires back. Angry employees demand back pay as tensions rise in Monclova’s steel saga.

    Laura Miller

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