Aceros ChulaVista, a prominent steel marketer based in the northern Mexican state of Nuevo León, is set to make a significant investment of $25 million in the first phase of a new project aimed at entering the processing of steel for the manufacture of Electric Resistance Welded tubes. This strategic move is expected to not only enhance the company’s production capabilities but also create new job opportunities in the region.
The investment will fund the installation of two specialized rolling mills at Aceros ChulaVista's plant located in Santa Catarina, Nuevo León. According to reports from the industry website Reportacero, the mills will be constructed by the renowned Italian technology company Danieli. Production from these mills is anticipated to commence by the end of 2025, marking a significant milestone in the company’s expansion plans.
Juan Carlos Ríos, the director of Aceros ChulaVista, highlighted that the production of ERW tubes is projected to generate between 200 and 250 new jobs. This addition will complement the existing workforce of 250 employees currently operating across the company’s four distribution warehouses in the state capital. The job creation aspect of this investment underscores Aceros ChulaVista's commitment to contributing to the local economy and providing employment opportunities in the region.
Looking ahead, Ríos mentioned plans for a second phase of investment, which will include the acquisition of a drawing machine for the production of steel wire. This second phase is expected to take place within two to three years following the initial investment. The initial production capacity for the wire is projected to be between 4,500 and 6,000 metric tons per month, with the potential to increase production capacity to up to 10,000 metric tons per month seven years after the start of operations.
The ERW tubes produced by Aceros ChulaVista will be manufactured using steel sourced from ArcelorMittal Mexico, one of the largest steel producers in the world. This partnership ensures that the company will have access to high-quality raw materials, which is crucial for maintaining the standards of the products being manufactured.
