Ternium mulls new upstream steel capacity in North America via EAF

Luxembourg-headquartered steelmaker Ternium is discussing a new investment in North America to increase its upstream capacity and be ready to comply with the United States-Mexico-Canada agreement by 2027, chief executive officer Máximo Vedoya said on Wednesday April 27.

This would be in addition to a downstream expansion announced in February this year. The company was in late-stage analysis for a $1-billion investment in cold-rolling, galvanizing and finishing lines...

Published

Renato Rostás

April 27, 2022

16:01 GMT

São Paulo