“ArcelorMittal’s” New Stage in Mexico

by Olha Povaliaieva
Friday, November 12, 2021
1 MIN
“ArcelorMittal’s” New Stage in Mexico

The first month of winter will be marked for the Mexican plant Lazaro Cardenas with the launch of the production of hot-rolled steel from the Ukrainian "ArcelorMittal"

2.5 million tons per year — this is the capacity of the rolling mill. Previously, ArcelorMittal produced semi-finished products of metallurgical production — slabs. And now they will be able to launch full-fledged deliveries of hot-rolled goods.

According to the company's analysts, the country's demand for finished rolled products is almost 60% satisfied, thanks to imports. Today Lazaro Cardenas produces about 4 million tons of metal semi-products per year.

According to ArcelorMittal CEO Aditya Mittal, Lazaro Cardenas is developing similarly to the Brazilian division. However, with a difference of 10-15 years. Lazaro Cardenas will grow from the supply of slabs to a full-fledged production of finished metal products and further evolve in other areas.

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