# Ternium to build $3.2B steel mill in Pesquería, Mexico

Ternium announced that its new steel mill, with an investment of USD 3.2 billion, will be located in Pesquería, Nuevo León, Mexico. The state-of-the-art facility will include an EAF and carbon capture technology.

- Type: New facility
- Announced: 2023-06-20
- Where: Pesquería, Nuevo León, Mexico, Mexico
- Value: $3.20B
- Starts operating: Q3 2026
- Status: announced
- Capacity: 2.6 million tons of cast steel per year
- Products: steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Ternium S.A.](https://endata.com/companies/22416.md)

## Sources

- [ternium.com](https://www.ternium.com/en/media/news/new-steel-mill-mexico--13498717423), 2023-06-20: "Today, we are presenting the largest investment plan in Ternium's history: USD 3.2 billion dollars, all of which will be invested here in Pesquería, in Nuevo León, in Mexico."
- [mexiconewsdaily.com](https://mexiconewsdaily.com/business/ternium-announces-it-will-build-us-3-2b-steel-plant-in-nuevo-leon/), 2023-06-21: "The new state-of-the-art installation will complement the company's new hot rolling mill in Pesquería, which began operations in the middle of 2021."
- [news.bloomberglaw.com](https://news.bloomberglaw.com/international-trade/terniums-investment-to-reach-3-2b-in-mexico-industrial-complex), 2023-06-21: "The steel mill will be the most ..."
- [chemanalyst.com](https://www.chemanalyst.com/NewsAndDeals/NewsDetails/terniums-ambitious-move-investing-32-billion-to-build-a-state-of-the-art-steel-plant-18778), 2023-07-04: "Ternium's historic investment plan of US$3.2bn, which will be exclusively allocated to the construction of the new Steel mill in Pesqueria, Nuevo León, Mexico."

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