Under consideration is a CHQ (cold-heading quality) steel processing operation in Mexico. Tokyo-based Kobe Steel Ltd. is part of the consortium, along with several other well-known steel producers and steel trading companies. Mexico has nearly doubled its automotive manufacturing volume since 2009, and is expected to continue to grow.
Find out more about the joint-venture steel processing operation under consideration in Mexico on American Machinist.
American Machinist is an IndustryWeek companion site within Penton’s Manufacturing and Supply Chain Group.