ArcelorMittal's Mexican hot-rolled strip mill delayed to 2021
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Update time : 2020-05-13 22:10:05
According to the US' Securities and Exchange Commission (SEC) documents, ArcelorMittal has delayed the completion time of its hot-rolled strip mill in Mexico from the second quarter of 2020 to 2021.
ArcelorMittal said the expansion plan was a part of the investment plan which announced in September 2017 and will let the Mexican subsidiary meet the growing needs of domestic customers.
This hot-rolled strip mill will produce 2.5 million tons of flat-rolled steel annually and will provide hot-rolled strip products to domestic customers, non-automotive customers and general clients.