# Ternium increases investment in Mexico to $8 billion for Pesquería expansion

Ternium has increased its total investment in Mexico to $8 billion for the period 2010-2026, including a new $4 billion investment for completely new plants in Pesquería, Nuevo León, to produce steel slab, rolled sheet and galvanized sheet. The new steel mill of 2.6 million mt of slabs is expected to come into operation mid-2026.

- Type: Investment
- Announced: 2024-08-14
- Where: Pesquería, Nuevo León, Mexico, Mexico
- Value: $4.00B
- Starts operating: Q3 2026
- Status: announced
- Capacity: 2.6 million metric tons of steel slab per year (new mill)
- Products: steel slab, rolled sheet, galvanized sheet
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

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

## Sources

- [steelorbis.com](https://www.steelorbis.com/steel-news/latest-news/ternium-increases-investment-in-mexico-by-176-percent-to-8-billion-1353095.htm), 2024-08-14: "There are almost $4 billion for completely new plants to produce steel slab, rolled sheet and galvanized sheet to meet the demand of the automotive industry, white goods, construction, electric motors, pipes and for the entire broad chain of steel consumers."

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