Mexican government starts to unlock Ahmsa's bank accounts

The Mexican government has begun to unblock some of the frozen bank accounts owned by steelmaker Altos Hornos de México (Ahmsa), the company said late on Wednesday May 29.

“This will allow the company to resume normality in its financial transactions with suppliers and clients, and also ensure the pay packets of its 20,000 workers,” Ahmsa said.

The company also said that its operations were not affected “up to the moment” by the decision to freeze its assets, which was made by...


Felipe Peroni

May 30, 2019

19:52 GMT

São Paulo