# DEACERO to build $600M steel mill in Ramos Arizpe, Mexico

Grupo DEACERO will invest $600 million to build a new steel mill and rolling mill in Ramos Arizpe, Coahuila, Mexico. The plant will produce structural profiles up to 27 inches, add 1 million tons per year of capacity, and create over 1,000 direct jobs.

- Type: New facility
- Announced: 2024-09-08
- Where: Ramos Arizpe, Coahuila, Mexico
- Value: $600.0M
- 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

- [Grupo DeAcero](https://endata.com/companies/35462.md)

## Sources

- [somosindustria.com](https://somosindustria.com/articulo/deacero-invests-in-coahuila/), 2024-09-08: "The Ramos II Investment Project will be one of the most globally advanced steel mills, thanks to its cutting-edge and state-of-the-art technology."

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