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[BUSINESS] · Mexico · 2 sources

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AHMSA resolution expected by September 25 in Monclova

Authorities in Monclova are looking toward September 25 as a potential date for a definitive resolution regarding the situation of Altos Hornos de México (AHMSA). Monclova Mayor Carlos Villarreal Pérez noted that workers, suppliers, and creditors are maintaining high expectations for this date to address the company's long-standing issues.

The steel company's situation has caused four years of uncertainty for thousands of families across the Centro-Desierto, Carbonífera, and Norte regions of Coahuila. A critical component of the upcoming resolution will be determining who will assume control of AHMSA's assets, which is essential for directing future investments and defining the company's productive future.

Entities

Altos Hornos de México · Carlos Villarreal Pérez · Monclova