# AHMSA and Villacero to form new steel company

Altos Hornos de México (AHMSA) signed a non-binding agreement with Villacero subsidiary Lámina y Placa Comercial to create a new company combining steel processing and production capacities. The deal includes a 90-day period for regulatory approvals.

- Type: Partnership
- Announced: 2020-06-22
- Where: Mexico
- Status: announced
- Products: steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Altos Hornos de Mexico](https://endata.com/companies/19832.md)
- [Villacero](https://endata.com/companies/48007.md) (partner)

## Sources

- [it.steelorbis.com](https://it.steelorbis.com/notizie/notizie/altos-hornos-de-mexico-e-villacero-verso-la-creazione-di-una-nuova-societa-1151237.htm), 2020-06-22: "La nueva sociedad unirá «sinergias operativas» y consoliderá las capacidades de procesamiento y producción del acero de ambas sociedades."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.