# Grupo Acerero invests $650M in new steel plant in San Luis Potosí

Grupo Acerero announced a $650 million investment to build a new steel plant in San Luis Potosí, Mexico, with a capacity of 1.25 million tonnes of slab per year. The plant will create about 1,200 direct jobs and is expected to start operations in the coming months.

- Type: Expansion
- Announced: 2025-05-08
- Where: San Luis Potosí, Mexico
- Value: $650.0M
- Jobs: 1,200
- Status: announced
- Capacity: 1.25 million tonnes per year of slab
- Products: steel slab, plate
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Grupo Acerero](https://endata.com/companies/43107.md)

## Sources

- [liderempresarial.com](https://www.liderempresarial.com/grupo-acerero-anuncia-inversion-por-650-mdd-en-san-luis-potosi/), 2025-05-08: "Con esta acería, buscamos completar el ciclo también para la fabricación de placa en hoja y reducir nuestra dependencia de importaciones."

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