ArcelorMittal to Restart Blast Furnace in Mexico
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ArcelorMittal, a leading global steel company, is set to restart its blast furnace in the western city of Lázaro Cárdenas, Mexico. The furnace has been inactive for nearly five months.
The restart will allow ArcelorMittal Mexico to resume the production of long steel products at its Lázaro Cárdenas plant. The plant has an annual capacity of 1.5 million metric tons.
The company did not specify whether the 1.5 million-ton capacity is for the blast furnace or the rod plant located in Celaya, Guanajuato. The two plants are approximately 280 miles apart.
Prior to the blockade by the Miners' Union, the blast furnace had a production capacity of 2.4 million metric tons per year. Despite the blockade ending 57 days ago, the furnace remained inactive for an additional three months.
The Celaya steelworks, which has two rolling mills, has an annual production capacity of 1.7 million metric tons.
With the restart of the blast furnace, ArcelorMittal Mexico will resume its total production capacity of 5.3 million metric tons of steel. In 2023, the company produced 3.9 million metric tons of crude steel and 4.5 million metric tons of iron ore.
The Miners' Union has yet to lift its blockade, pending an audit of ArcelorMittal Mexico's financial statements by accounting experts endorsed by the Ministry of Labor. The audit aims to verify if the company correctly paid its workers' profits.
[/tintuc]
ArcelorMittal, a leading global steel company, is set to restart its blast furnace in the western city of Lázaro Cárdenas, Mexico. The furnace has been inactive for nearly five months.
The restart will allow ArcelorMittal Mexico to resume the production of long steel products at its Lázaro Cárdenas plant. The plant has an annual capacity of 1.5 million metric tons.
The company did not specify whether the 1.5 million-ton capacity is for the blast furnace or the rod plant located in Celaya, Guanajuato. The two plants are approximately 280 miles apart.
Prior to the blockade by the Miners' Union, the blast furnace had a production capacity of 2.4 million metric tons per year. Despite the blockade ending 57 days ago, the furnace remained inactive for an additional three months.
The Celaya steelworks, which has two rolling mills, has an annual production capacity of 1.7 million metric tons.
With the restart of the blast furnace, ArcelorMittal Mexico will resume its total production capacity of 5.3 million metric tons of steel. In 2023, the company produced 3.9 million metric tons of crude steel and 4.5 million metric tons of iron ore.
The Miners' Union has yet to lift its blockade, pending an audit of ArcelorMittal Mexico's financial statements by accounting experts endorsed by the Ministry of Labor. The audit aims to verify if the company correctly paid its workers' profits.
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