New investment, proof of trust in Mexico: Canacero

The US$2.1 billion to be invested in Mexico shortly by ArcelorMittal and Ternium, Companies from the steel sector, are proof of the trust and commitment with this country and the steel making industry informed the Chamber National of the Steel and Iron Industry (CANACERO). For this reason, CANAERO affirms that there is “trust and commitment in the steel sector”, as the firm ArcelorMittal is investing US$1 billion to strengthen its operations; while Ternium is investing US$1.1 billion. CANACERO extends congratulations to both Companies. No doubt that these investment projects will reposition the Mexican steel industry globally and are a clear example of the trust and comittment of the steel sector with Mexico.