Mining México Abril 05 - 2021

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Mining Companies

200 millones de dólares: inversión en 2021 anunciada para optimizar sus operaciones en México

200 million dollars, investment in 2021 announced to optimize its operations in Mexico

A raíz de la pandemia de COVID-19 suspendió todos los gastos de capital no esenciales. No obstante, en marzo anunció la inversión de 200 millones de dólares en México con el objetivo de mejorar la proporción de sus productos durante 2021.

capabilities, maintaining its mining operations’ competitiveness, and modernizing its current asset base. The most important project was the construction of a hot strip mill in Sicartsa. Thus, ArcelorMittal’s production capacity would grow to 2.5 million tons of flat-rolled steel and 1.8 million tons of long steel by 2021. The company currently has a 22%-25% share of the Mexican market. As a result of the COVID-19 pandemic, ArcelorMittal suspended all non-essential capital expenditures. However, in March, it announced 200 million dollars in Mexico to improve its products’ proportion during 2021.

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