Mexican integrated steelmaker Altos Hornos de Mexico (AHMSA) said on Wednesday it has “adjusted” output levels due to Covid-19, after Mexico declared which areas are considered “essential.”
AHMSA did not disclose details on how much it is operating out of its 5.5 million mt/year crude steel capacity. The company said it dismissed workers over 60 years of age as well as those included in at-risk groups.
A spokesperson said Minera del Norte’s Palau plant has provisionally suspended activities. Minera del Norte is a mining subsidiary of AHMSA, and the Palau unit products metallurgical coal.
AHMSA said reduced output at its Palau unit at Minera del Norte led to a reduced workforce, which made the company suspend activities.