Grupo Deacero plans to increase production by one million tons by 2024

Monterrey, NL. Deacero Group expects to produce 3.6 million tons of steel this year and by 2024 expects to increase production by one million tons, which will impact housing construction and public works of different entities and industries in which it participates, commented Raúl M. Gutiérrez Durán, president and CEO of Global Supply Chain and Logistics, during the 70th anniversary of the Monterrey company.

“We recently announced an investment of 12,000 million pesos to increase our production by 2024, with a focus on innovation in machinery and equipment and management of working capital to strengthen sustainable production, which meets national and international demand and joins efforts to combat climate change, and that contributes to strengthening the economic growth of our country”, said the director.

The growth of Steel Groupis an opportunity and a challenge for all those involved in the production chain, an expansion of production capacity will undoubtedly require the strengthening of supply services, stressed the manager.

“This productivity dumbbell is increasingly important for the progress and integration of our value chain; where DeAcero it has developed throughout its history together with many of you (suppliers) as strategic partners; Thanks to joint work, mutual trust and perseverance, we have managed to be the leaders in the markets and products and services essential solutions for infrastructure, construction, the housing industry and agriculture”, he pointed out.

Deacero has a presence in USA y Canadawhich has allowed it to be a leader in the nearshoring trend, to locate manufacturing production near the United States, China’s main competitor, commented Raúl M. Gutiérrez Durán.

“In addition to producing steel of the highest quality, we focus on promoting regional and international production chains,” he said.

The company has three steel mills, 14 wire plants, more than 30 distribution centers and 20 recycling centers, in addition to its business in De Acero USA, and in Mid-Continent Steel and Wire and subsidiaries and an office in Washington, DC, to expand its presence in the United States.

It maintains alliances with more than 7,500 distributors and nearly 13,000 suppliers, of which 90% are national.

It serves more than 50 lines of business, with the greatest market diversification in Mexico: agriculture and fishing; Construction finishes; edification; energy, manufacturing, infrastructure, oil and gas.

It has a presence in more than 20 countries in America and Europe, exports and has a presence in the United States and Canada, as well as in 17 countries in Latin America and the Caribbean and eight countries in Europe.

The annual production of crude steel in Mexico in 2021, according to data from Statista, is around 18.7 million metric tons, which represents a recovery of almost 2 million tons compared to the production reported in 2020.

According to data from the United States Census Bureau, Mexico exported steel products for consumption to that country in June 2021, with a value of 381.2 million dollars, which meant an increase of 129.12% compared to what was exported in June 2021. 2020.

In volume, exports were 379,379 tons, an increase of 161,099 tons or 73.80% compared to 218,280 tons in June 2020.

Currently, New Lion It is the fourth largest producer of steel in the country, making it one of the main exporters of steel to the United States.

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