en.Wedoany.com Reported - Ternium's new steel plant project in Pesquería, Nuevo León, Mexico, has reached 70% physical progress. The project, with an investment of over $4 billion, is scheduled to commence operations in February 2027 as part of the third phase expansion of its industrial complex.

Once completed, the new steel plant will have an annual production capacity of 2.6 million tons of high-quality steel billets, primarily targeting the global automotive industry's demand for sustainable materials. The complex adopts an integrated process of direct reduced iron and electric arc furnace, which can significantly reduce carbon dioxide (CO2) emissions per ton of steel.

A key strategic impact of this project is the reduction of dependence on foreign raw materials. Currently, 80% of the steel billets required by the Pesquería hot rolling mill come from Brazil. After the new plant is operational, two-thirds of that volume will be replaced by locally produced products, thereby strengthening the domestic supply chain.

The construction project utilizes an LR-13000 crawler crane to install key components. This crane is one of the five largest cranes in the world and has been used in SpaceX's aerospace projects. It is responsible for installing a 280-ton cooler imported from Abu Dhabi, which was transported overland from the port of Altamira, taking more than 30 days.

Currently, the project has directly created over 6,000 jobs, with workers operating in three continuous shifts. Through this infrastructure, Ternium is consolidating the industrial competitiveness of Nuevo León based on environmental responsibility requirements.

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