# DEACERO to invest $600M in new steel mill and rolling mill in Ramos Arizpe

DEACERO announced an investment of 10.8 billion pesos ($600 million) for the Ramos II project in Ramos Arizpe, Coahuila, Mexico. The project includes a new steel mill and rolling mill to produce structural profiles, adding 1 million tons of annual capacity and creating over 1,000 jobs.

- Type: Expansion
- Announced: 2024-06-05
- Where: Ramos Arizpe, Coahuila, Mexico
- Value: $600.0M (10.8B MXN)
- Jobs: 1,000
- Status: announced
- Capacity: 1 million tons per year
- Products: structural steel profiles
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [DEACERO](https://endata.com/companies/77893.md)

## Sources

- [democratacoahuila.com](https://democratacoahuila.com/2024/06/05/1anuncia-manolo-inversion-de-10-mil-800-mdp-al-grupo-deacero/), 2024-06-05: "El proyecto Ramos II consiste en la construcción de una nueva acería y un tren de laminación para producir perfiles estructurales de hasta 27 pulgadas"

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