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Nippon Steel to build Mexico plant for auto industry

Wednesday, August 8, 2012


Nippon Steel and several Japanese partners have formed a joint venture to build a steel plant in the central Mexican state of Guanajuato to supply the automotive industry.

The $39.6 million plant is expected to begin production in mid-2013 in the city of Silao and employ about 200 people.

The plant will have the capacity to produce some 24,000 tonnes of steel parts annually.




Source: Efe