Deacero to build new rebar and wire rod mill in Mexico

Thursday, 03 February 2011 02:39:11 (GMT+3)   |  
       

Monterrey, Mexico-based steelmaker Deacero SA announced it plans to build a new steelmaking facility in the state of Coahuila according to El Norte, a Monterrey-based newspaper.

The project will be constructed in two phases. The first, a rebar and wire rod mill with a 1.5 million nt capacity, is slated to begin operations in December and will cost $500 million; the second will be completed in August 2012, and will cost an estimated $250 million.


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