# Ternium to invest $6.8 billion in Mexico steel projects

Ternium, a subsidiary of Techint, has investment projects totaling $6.8 billion from 2023 to 2025, primarily for the Ternium Industrial Center in Pesquería, Nuevo León, Mexico. The investment includes a new steel mill and downstream lines to supply the automotive industry.

- Type: Investment
- Announced: 2024-02-23
- Where: Pesquería, Nuevo León, Mexico
- Value: $6.80B
- Status: announced
- Products: automotive steel, high-strength steel, galvanized steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Ternium S.A.](https://endata.com/companies/22416.md)
- [Techint](https://endata.com/companies/28445.md) (partner)

## Sources

- [steelorbis.com](https://www.steelorbis.com/steel-news/latest-news/ternium-to-invest-68-billion-to-supply-the-automotive-industry-1329174.htm), 2024-02-23: "The new downstream lines in Pesqueria will enable us to offer new high value added products to our customers in the region."

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