“ArcelorMittal’s” New Stage in Mexico

by Olha Povaliaieva
Friday, November 12, 2021
“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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