Tereso Medina urges caution over AHMSA acquisition news

Tereso Medina, leader of the Confederación de Trabajadores de México (CTM), has urged caution regarding recent announcements concerning the potential acquisition of Altos Hornos de México (AHMSA). While acknowledging the enthusiasm among workers regarding a possible solution for the steelmaker, Medina noted that the process remains subject to judicial determinations.

Medina expressed reservations about treating the reported acquisition as a definitive fact, stating that current information does not represent the formal conclusion of the legal procedure. He called on potential investors to act responsibly to avoid creating false expectations that could negatively impact workers and their families. The reported offer includes a sum of $1.4 billion USD and projections to significantly increase the company's operational capacity.