Mexican Steelmaker GASA Installs EAF to Produce 650,000 mt of Steel Plate
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Grupo Acerero (GASA), a prominent steel producer in Mexico, has successfully completed the installation of an electric arc furnace (EAF) at its new steel plant. This state-of-the-art facility is designed to produce 650,000 metric tons of steel plate annually.
The EAF will utilize metal scrap as its primary feedstock, which GASA collects from its own yards and purchases from third-party suppliers. The company has also initiated the installation of continuous casting equipment to further streamline the steel production process.
GASA's investment of $150 million in this new steel mill aligns with its strategic goal of expanding its product portfolio and increasing its market share. The plant is expected to be fully operational by 2028, marking a significant milestone for GASA and the Mexican steel industry.
This development underscores the growing demand for steel products in Mexico and the region, driven by factors such as infrastructure development, automotive manufacturing, and construction activities. By investing in advanced steelmaking technologies, GASA aims to meet this increasing demand while also improving its environmental performance.
[/tintuc]
Grupo Acerero (GASA), a prominent steel producer in Mexico, has successfully completed the installation of an electric arc furnace (EAF) at its new steel plant. This state-of-the-art facility is designed to produce 650,000 metric tons of steel plate annually.
The EAF will utilize metal scrap as its primary feedstock, which GASA collects from its own yards and purchases from third-party suppliers. The company has also initiated the installation of continuous casting equipment to further streamline the steel production process.
GASA's investment of $150 million in this new steel mill aligns with its strategic goal of expanding its product portfolio and increasing its market share. The plant is expected to be fully operational by 2028, marking a significant milestone for GASA and the Mexican steel industry.
This development underscores the growing demand for steel products in Mexico and the region, driven by factors such as infrastructure development, automotive manufacturing, and construction activities. By investing in advanced steelmaking technologies, GASA aims to meet this increasing demand while also improving its environmental performance.
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