9,715.86 TRY BIST 100 BIST 100
4.87 CNY CNY CNY
35.49 USD USD USD
36.57 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
40.01 TRY Interest Interest
80.05 USD Fossil Oil Fossil Oil
29.86 USD Silver Silver
4.33 USD Copper Copper
100.60 USD Iron Ore Iron Ore
350.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,677.15 TRY Gold (gr) Gold (gr)

Welded Tubes announced that it will open a steel plant in Mexico

Welded Tubes, which will open a new steel plant in Mexico, announced that the plant will start operating in early 2024.

Welded Tubes announced that it will open a steel plant in Mexico

Announcing that it will open a new steel plant in Mexico, Ohio-based Welded Tubes stated that it aims to strengthen its supply chain and increase its activities in Mexico with this investment. It is learned that the 55,000 square foot steel plant, which is planned to be operational in Monterrey in early 2024, will prioritize the production of small diameter and tight tolerance tubes for the automotive industry.

As Joe Frandanisa, president of Welded Tubes Inc., said about the plant to be opened in Mexico: "Our customers are increasing their presence in Mexico and have asked us to continue to support their expansion efforts and their commitment to the OEM's. We are listening to our customer's needs, and our expansion in Monterey will allow us to grow and strengthen our relationships with them." 

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

South Korean steelmakers halt rebar production

Thursday, January 16, 2025

Hydnum Steel and Gonvarri Industries signed green steel supply agreement

Thursday, January 16, 2025

Hadeed aims to increase steel production capacity to 10 million tonnes

Thursday, January 16, 2025

Downtrend continues in the Southeast Asian billet market

Thursday, January 16, 2025

800 million dollar loss in Iranian steel exports

Thursday, January 16, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now