Company Announcements
January 21, 2026
AHMSA sets bankruptcy auction schedule with $1.1B minimum bid
Written by Laura Miller
Altos Hornos de México (AHMSA) announced a proposed schedule and minimum sale price for the bankruptcy auction of its flat-rolled steelmaking assets and its Minera del Norte (MINOSA) operations.
The steelmaker, based in Monclova in the state of Coahuila in northern Mexico, said it would open the bidding period for prospective buyers on Jan. 19. Bids will be accepted until Feb. 16.
The auction aims to sell the AHMSA and MINOSA assets as a single productive unit.
The court approved the minimum bid for the steelmaking and mining assets at US$1.127 billion, representing 85% of the appraised value, according to the company.
An official auction notice will be published on Feb. 3. The auction hearing will be held at the bankruptcy court on March 2.
