# DEACERO invests $600 million in steel mill expansion in Ramos Arizpe, Mexico

DEACERO announced a $600 million investment to expand its operations in Ramos Arizpe, Coahuila, with a new steel mill and structural profile production line. The expansion will increase capacity by 1.2 million tonnes per year and create 2,500 direct jobs.

- Type: Expansion
- Announced: 2024-10-09
- Where: Ramos Arizpe, Coahuila, Mexico
- Value: $600.0M
- Jobs: 2,500
- Status: announced
- Capacity: 1.2 million tonnes per year
- Products: steel beams, structural profiles
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

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

## Sources

- [liderempresarial.com](https://www.liderempresarial.com/deacero-aumenta-su-presencia-en-el-mercado-del-acero-de-cuanto-es-la-inversion/), 2024-10-09: "DEACERO realizó una inversión de 600 mdd en una acería en Ramos Arizpe, enfocada en productos de construcción y tecnologías sustentables."

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