en.Wedoany.com Reported - Mexican steel producer TYASA has announced the launch of the first phase of its special steel project in Ixtaczoquitlán, with a total investment of $250 million, aiming to enter the industrial-grade high-strength steel market.

The new plant is designed with an annual production capacity of 400,000 tons, primarily producing round bars up to 4 inches in diameter and hot-rolled flat steel with widths of 2 to 4 inches and thicknesses of 5/16 to 1 inch. The products target industries such as automotive, petroleum, energy, metalworking, and tool manufacturing, helping to reduce Mexico's long-standing reliance on imported steel.

This expansion increases TYASA's total annual production capacity to 1.6 million tons, making it the only large-scale producer in Mexico capable of supplying long products, flat products, and special steel simultaneously. In the third quarter of this year, the plant will also add quality control lines, cold working, and heat treatment process facilities.

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