17
Jan
08:42
Ahmsa acquires Reynolds pellet plant equipment
Mexican steelmaker Altos Hornos de México (Ahmsa) has acquired the assets of the ERP group's US iron ore pellet plant in Reynolds, Indiana. The company has revealed this in a note to the Mexican stock exchange monitored by Kallanish. The facility, which had previously belonged to Magnetation, was declared bankrupt in July 2018.
Ahmsa says that it participated in the auction of the Reynolds plant equipment in order to reinforce and ensure a long-t…
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