Nippon Steel to invest $66M in electrical steel processing center in Mexico

Nippon Steel will invest $66 million to build an electrical steel sheet processing center in Apaseo el Grande, Guanajuato, Mexico, with a capacity of 120,000 metric tons per year, targeting the automotive industry for electric vehicle production. Operations are planned to start in April 2025.

“Nippon Steel will invest $66 million in the construction of an electrical steel sheet processing center for the automotive industry in the central Mexican state of Guanajuato.”steelorbis.com

• 1 source
• steelorbis.comNippon Steel will invest $66 million in a new processing center in MexicoMar 12, 2024

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