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ArcelorMittal to invest in Monterrey tubular facility to enhance product capabilities for North American automotive market

Chicago, Ill. – September 24, 2015 – ArcelorMittal, the world’s leading steel and mining company, is pleased to announce its $11.1 million investment into ArcelorMittal Monterrey, a premier tubular facility located in Monterrey, Mexico.

The investment will allow for the construction of an additional world-class tube mill and downstream value-add processing equipment to allow the facility to supply high quality straight and formed tubes used in the production of automotive seating and head rest applications. Monterrey will be capable of producing electric resistance welded (ERW) tubes ranging from 11mm to 165mm in a variety of steel thicknesses and steel grades, from mild carbon designs to the new highly engineered advanced high strength steels (AHSS) now popular within the automotive sector. 

“ArcelorMittal has enjoyed a strong position in supplying tubes to the Mexico region since 2000,” said Ed Vore, chief executive officer, ArcelorMittal Tubular Products, NAFTA. “This latest investment in new equipment and our people is consistent with ArcelorMittal’s view of the benefits of growing our footprint and leadership position in the automotive sector, a market that continues to show remarkable growth in both Mexico and the southeastern United States.”  

Construction is ongoing and will be completed in the spring of 2016. The expansion will add more than 80 new jobs.

The project complements and expands the existing product offering at Monterrey which includes tubular products for demanding applications such as hydroform tubes, drive shafts, rectangular, rounds and specialized shapes. A cold-sizing welding process allows the facility to meet the tightest quality non-destructive testing requirements. Existing facilities include three tube mills and various value-add operations including bending, laser cutting and angle cutting. In addition to its tubular business, Monterrey provides steel slitting services and steel distribution services.

For further information on ArcelorMittal Monterrey, please contact us via email at MonterreyTubularProducts@arcelormittal.com.