AHMSA plans to invest $400 million in Mexico

Monday, 04 December 2017 23:53:01 (GMT+3)   |   Sao Paulo
       

Mexican integrated steelmaker Altos Hornos de Mexico (AHMSA) expects to invest about $400 million in the next few years, according to media reports.

Investments should start next year, and include a specialty steel project in Mexico, the media reports said.

The company has also confirmed, as previously reported by SteelOrbis, it plans to re-list at the Mexican stock exchange, Bolsa Mexicana de Valores (BMV).

The company said it expects to re-list at BMV in March or April next year.


Similar articles

Simec joins Canacero, AHMSA not on list

18 Apr | Steel News

AHMSA investors take over administration and board of directors

03 Apr | Steel News

Reactivation of AHMSA subject to removal of 94 percent of mining subsidiary debt

18 Mar | Steel News

Expert administrators needed to reactivate production at AHMSA

15 Feb | Steel News

Bankrupt Mexican steel company AHMSA reaches agreement with creditors

26 Jan | Steel News

AHMSA negotiates for energy debt payment plan ahead of new ownership

08 Jan | Steel News

AHMSA shareholders prevented from changing control of company

11 Dec | Steel News

AHMSA to be reactivated, new owners request $600 million in loans

05 Dec | Steel News

China Steel Corporation visits Mexican AHMSA facilities in Mexico

21 Nov | Steel News

Federal judge issues ruling recognizing creditors of AHMSA

17 Nov | Steel News