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Home > Company Index > Metals & Mining > Steel Production > Altos Hornos de México, S.A. de C.V.
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Altos Hornos de México, S.A. de C.V. |
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PROFILE |
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Steel crazy after all these years. Altos Hornos de México S.A. de C.V. (AHMSA) is Mexico's largest steelworks. It makes flat products (plate, hot- and cold-rolled coil, tin-free steel) and long products (heavy and light structural sections, wire rod, wire products). AHMSA mines its own iron ore and coal to produce steel, and it also produces steam coal. Being vertically integrated also gives AHMSA flexibility when raw materials prices vary. After two years worth of debt restructuring proceedings, AHMSA agreed to grant creditors a 40% stake in the company in exchange for reducing its $1.7 billion in debt. AHMSA's parent company is Grupo Acerero del Norte.
COMPETITION |
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Hylsamex, S.A. de C.V. (HYLSAMX)
The LTV Corporation (LTVCQ)
USX-U.S. Steel Group (X)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
1997 Sales (mil.): 1,502.40
1-Yr. Sales Growth: 6.8%
Employees: 19,317
Revenue per employee: $77,776.05
KEY PEOPLE |
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Jorge Ancira Elizondo
CFO
CONTACT INFO |
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Prolongación Juárez S/N, Colonia La Loma
CP 25750 Monclova Coahuila, Mexico
Phone: 52-86-49-3400
Fax: 52-86-49-2310
Online: Web Site
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