AHMSA acquires pelletizer plant

The Company Altos Hornos de Mexico (AHMSA,) the largest Steel Company in the country, confirmed the purchase of the pelletizer plant Reynolds Pellet, located in Indiana, United States, by 15 million dollars, same that intends to disassemble and move to Monclova, where the company has more presence.  “AHMSA, will be in charge of disassemble the equipment, which will be shipped gradually to Monclova to be incorporated to the Pelletizer Plant located in Steel Company 2 and to its spare parts park,” detailed the company in a release.

The steel company announced the acquisition of this plant that will be added to its portfolio to expand their specialized assets network in the depuration of steel to reinforce and assure in a long term the provision of the mineral for steel plants.

“With the offer of 15 million dollars accepted by the Curt, AHMSA allocated such unit in excellent state settled since 2014, and will proceed to its disassembly to move the assets to Monclova,” said the release.

Given the similitude between the Reynolds plant and the pelletizer plant from the company, the operation resulted highly profitable and convenient to AHMSA and for its subsidiary Minera del Norte, iron producer, given that by a low cost little used products were acquired and new spare parts that will facilitate the increase production plant that encourages the company in mines and steel companies.

 2,500 youngsters entered their ranks

On the other hand, AHMSA will open space to train 2,500 youngsters as apprentices, joining the federal program Jovenes Construyendo el Futuro (Youngsters Building the Future,) encouraged by the Ministry of Labor and Social Security (STPS, by its Spanish initials.)

The president of the AHMS Administration Council, Alonso Ancira underlined that the intention is to retain at least half of youngsters after being trained; therefore, he considered that the program is an opportunity for companies and youngsters obtain mutual benefits.

For “seven years we apply in our units the Program Sombras (Shadows,) through which we a young people besides an experienced worker for him to learn and it was very successful,” said the directive proving that the company is already familiarized with the apprentice figure.