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ArcelorMittal Mexico reports:
This is an automated translation of the press release issued in Spanish
Today, July 19, after 56 days of illegal blockade and the refusal of a group of dissidents to withdraw from the accesses despite the fact that the majority of their union accepted the proposal presented yesterday, we have finally recovered the facilities of the mine and our steel plant.
We will resume our activities in the third shift tonight, however, our staff will begin with an inspection of the facilities in order to ratify the technical and safety conditions necessary to return to normal in an adequate and safe manner.
We regret all the effects that our direct and indirect suppliers experienced along with their employees, as well as our clients, collaborators and the community, due to these almost 2 months of illegal blockade.
—00—
ArcelorMittal is the world's leading steel and mining company, with a presence in 60 nations and primary steel production facilities in 16 countries. In 2023, it had revenue of $68.275 million and crude steel production of 58.1 million metric tons, while iron ore production reached 42 million metric tons. The steel company is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).
In Mexico, it is the national leading steel company, concentrating its main manufacturing operation in the Lázaro Cárdenas port in Michoacán, where rod, wire rod, billet and slab is produced, it also operates mines in Sonora, Sinaloa and Lázaro Cárdenas, and also has offices corporations in other states of the country.
Aiming to help build a better world with smarter steels, ArcelorMittal has the ability to produce steels made using innovative processes that use less energy, emit significantly less carbon and reduce costs. Cleaner, more resistant and reusable steels. With steel at our core, our inventive people and an entrepreneurial culture at our core, we will support the world in making that change.
In 2023, ArcelorMittal México closed with a production of 3.9 million tons of crude steel and a production of 4.5 million tons of iron ore.
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News in: Mining & Metals (Mexico)
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