Higher steel demand from North America nearshoring to come until 2025, Ternium says

Steel demand coming from new facilities being constructed in North America amid nearshoring trends is expected to materialize between the end of 2023 and 2025, Latin American steelmaker Ternium said on Wednesday February 15.

The company intends on capturing that demand growth with new finished steel lines supplied by a new electric-arc furnace (EAF) to be installed in Mexico — the investment was announced...

Published

Renato Rostás

February 15, 2023

20:05 GMT

São Paulo