Steel Mills
Mexico’s TYASA breaks ground on SBQ rolling mill
Written by Laura Miller
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
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