Steel Mills

Mexico’s TYASA breaks ground on SBQ rolling mill

May 16, 2024

Mexican steelmaker Talleres y Aceros (TYASA) broke ground this month on the construction of a new special bar quality (SBQ) rolling mill in the state of Veracruz.

TYASA said the SBQ mill is being built at its Ixtaczoquitlán mill in Orizaba, Veracruz, and will utilize the existing liquid steel capacity there.

The new rolling mill will be able to produce 400,000 metric tons (mt) of SBQ products annually. The $250-million investment will also add various downstream lines, including cold finishing and heat treatment lines.

The company expects operations to begin in the third quarter of 2025.

The Ixtaczoquitlán mini-mill has an annual production capacity of 1.2 million mt of raw steel. It produces a variety of long products, including billet, rebar, and wire rod. With a 500,000-mt per-year Castrip facility, the mill also makes hot-rolled, cold-rolled, and galvanized sheet.

TYASA is targeting the automotive, oil, mining, heavy machinery, and construction sectors with the added output.

According to TYASA, the the investment meets the objectives of the T-MEC, also known as the USMCA trade agreement, by supplying steel that is 100% melted, cast, and rolled in Mexico.

Laura Miller

Laura Miller is a reporter and editor for Steel Market Update. She has held a variety of positions within the steel industry since 2007, including reporting and editing for Steel Business Briefing/Platts, the Association for Iron and Steel Technology, and Kallanish Commodities, as well as marketing for what was then known as ThyssenKrupp Steel USA (now AM/NS Calvert). After a five-year hiatus working across other industries, she returned to steel in 2021 and has covered the flat rolled, tubular, and trade areas of the industry. She is a member of the Association of Women in the Metal Industries and a past-president of the AWMI Pittsburgh Chapter. She holds a BA in Latin American Studies from Edinboro University of Pennsylvania. She can be reached at laura@steelmarketupdate.com or 724-759-7869.