AHMSA trustee seeks 30-day extension for auction timeline

Thursday, 08 January 2026 13:53:25 (GMT+3)   |   Istanbul

According to local media reports, Víctor Manuel Aguilera Gómez, the trustee in charge of the bankruptcy process of Mexican steelmaker Altos Hornos de México (AHMSA), has formally requested an extension of up to 30 days for the publication of the call for bids related to the company’s asset auction process.

Extension request and judicial context

According to the bankruptcy trustee’s request, the extension would apply to the publication of the call for bids, originally scheduled for January this year, as previously reported by SteelOrbis, as well as to the subsequent deadlines of the auction process. Gómez stressed that this adjustment would not imply the suspension or cancellation of the procedure previously authorized by the Federal Judiciary, but only a limited revision of the established timetable.

According to Aguilera Gómez’ statement, the requested extension is intended to ensure an orderly and transparent execution of the process, taking into account its complexity and the need to provide legal certainty and equal conditions for all potential investors. The bankruptcy trustee reiterated that the auction framework already approved by the court remains fully in force.

Worker reaction to the postponement

Local media reported that the latest adjustment has sparked dissatisfaction among a group of workers who have been protesting for weeks at the AHMSA steel plant. Former employees of AHMSA gathered in Zaragoza, in front of the Public Security Directorate, to voice their opposition to the postponement of the auction.

BoraKadıoğlu
Bora Kadıoğlu
Editor
All Articles by the Author

I graduated from Boğaziçi University with a degree in Translation and Interpreting Studies. I have been working in the iron and steel sector for three years as a content specialist at SteelOrbis, mainly focusing on plant investments, steelmaking technology, and import/export statistics.

Similar articles

US import long steel prices trend up amid claims of tight supply as margins remain slim

Ternium swings to third-quarter net profit from year-ago loss

Deacero casts first billet at new Ramos Arizpe steel mill in Mexico

Mexican domestic ferrous scrap prices stop rising and trend flat

Mexico's domestic ferrous scrap market continues to rise

Mexico's domestic scrap market reaches a point of inflection and sees clear upward trend

AHMSA auction fails again as CIESA misses guarantee deadline

Mexico's domestic ferrous scrap prices increase across the board

Mexico's domestic ferrous prices inch up, they could grow by MXN300/mt in Oct

CIESA emerges as leading bidder for AHMSA assets with $1.4 billion offer