◂ Announcements

Nov 30, 2016INVESTMENTMexico

AHMSA invests $444M in equipment for auto industry

Altos Hornos de Mexico signed an agreement with Primetals Technologies to acquire $444 million in equipment, including a new continuous casting machine and hot rolling mill, to supply the automotive industry.

Value

$444.0M

Status

Announced

Capacity

continuous casting: 2.5 million mt/year; hot rolling: 3.5 million mt/year; cold rolling: 2.3 million mt/year; tinplate: 450,000 mt/year

Productssteel products for automotive industrycontinuous casting machinehot rolling millcold rolling milltinplate

CompaniesAltos Hornos de Mexico Primetals Technologies supplier

Sectors#Steel and Metal Products #Automotive Components

“AHMSA signed an agreement with UK-based Primetals Technologies to acquire US$ 444 million in equipment.”mexico-now.com

1 source
mexico-now.comAHMSA invests US$ 444 million in equipment to supply auto industry - MEXICONOWNov 30, 2016

Summarized from public sources; check the original articles before acting on it.

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