【SMM Steel】Mexico's TYASA launches first phase of $250m special steels plant

Published: Jun 11, 2026 16:59
【SMM Steel】Mexican steelmaker TYASA started operations of its Special Steels project phase one on May 25, with $250m investment and 400,000 tonnes annual capacity. The new facility produces round bars 0.5-4 inches and hot-rolled flat bars 2-4 inches wide, serving automotive metalworking oil gas energy and toolmaking sectors. Total capacity reached 1.6 million tonnes per year, making TYASA the only Mexican producer across commercial long products flat steels and special steels. Inspection lines cold finishing and heat treatments will join operations in Q3.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
6.11 SMM Global Steel Daily Report
Common.Time.minsAgo
6.11 SMM Global Steel Daily Report
Read More
6.11 SMM Global Steel Daily Report
6.11 SMM Global Steel Daily Report
China Export Market : [Steel Billet] Today, export offers for square billet edged down by 1 USD/tonne to 470-473 USD/tonne. According to market feedback, port departure inspections for steel products involved relatively little steel billet, so the impact on its exports was relatively small. However, the current economic conditions in markets outside China were not very favorable, the international situation was unstable, demand was relatively average, and steel billet export deals showed mediocre performance. [Rebar] Today, rebar export FOB prices edged down by 1 USD/tonne. Market inquiries showed mediocre performance, and no actual deals were concluded yet. According to feedback from some traders, inspections at northern ports have tightened recently, but the impact on rebar exports appeared relatively small at present. In addition, some market participants said that China’s export prices currently had no obvious advantage, and wait-and-see sentiment was strong.
Common.Time.minsAgo
MMi Daily Iron Ore Report (June 11)
Common.Time.minsAgo
MMi Daily Iron Ore Report (June 11)
Read More
MMi Daily Iron Ore Report (June 11)
MMi Daily Iron Ore Report (June 11)
On the DCE, iron ore futures trended weaker today, with the most-traded contract I2609 closing at 764 yuan/mt, down 0.46% from the previous trading day. Port spot prices fell 3–5 yuan from the previous day.
Common.Time.minsAgo
[SMM Hot Rolled Coil Daily Transactions] Spot HRC trading narrows slightly
Common.Time.minsAgo
[SMM Hot Rolled Coil Daily Transactions] Spot HRC trading narrows slightly
Read More
[SMM Hot Rolled Coil Daily Transactions] Spot HRC trading narrows slightly
[SMM Hot Rolled Coil Daily Transactions] Spot HRC trading narrows slightly
[SMM Hot Rolled Coil Daily Transactions] On June 11, the total daily trading volume of hot-rolled coils among sample enterprises in SMM's four cities (Shanghai, Lecong, Tianjin, Ningbo) totaled 13,220 mt, down 1,030 mt day-on-day, or -7.9%, Gregorian YoY +0.92%, and lunar YoY -6.31%.
Common.Time.minsAgo
【SMM Steel】Mexican steelmaker TYASA started operations of its Special - Shanghai Metals Market (SMM)