ISPAT Mexicana is part of ISPAT International and will be renamed Mittal Steel Lazaro Cardenas pending required approvals. It is part of Mittal Steel, one of the largest steelmakers in the world, with production anticipated to exceed 48 million tons and revenues of over $22 billion in 2004. The product of a merger announced in October 2004 between LNM Holdings and Ispat International, Mittal Steel is the world’s most global steel producer with steel-making facilities in 14 countries and sales and marketing offices in a further 11. Mittal employs more than 150,000 people spanning 45 different nationalities. Its shares are listed on the New York and Amsterdam stock exchanges.

ISPAT International    (NYSE)

ISPAT Mexicana, Lazaro Cardensa, Michoacan.
Ispat Mexicana is Mexico’s largest steel producer and slab exporter. The company is the only dedicated slab producer in the world using the DRI-EAF continuous casting method for its entire production. It uses DRI as its primary metallic input for steelmaking. This process results in higher quality slabs with a uniform grain structure and superior finish – thereby offering more benefits to the end user.

Ispat Mexicana’s unique technology, combined with advanced secondary metallurgy and vacuum degassing facilities, enables it to produce a broad variety of grades of slabs (intermediary products used to manufacture flat rolled steel products) with wide-ranging applications. These include deep drawing grades used in sophisticated applications for the automobile and appliance industries, large diameter line pipe grades used primarily in the petroleum and gas industries, plate grades used in sophisticated applications such as high pressure vessels, corrosion-resistant plates for shipbuilding, as well as structural and commercial grades for the construction industry.

Continuous quality improvements and close technical interaction with end users have allowed Ispat Mexicana to market slabs to top-quality flat rolled and tubular producers worldwide. The commissioning of the latest state-of-the-art DRI Midrex Megamod™ plant in 1997 and subsequent capacity enhancements have lifted Ispat Mexicana’s slab capacity to 3.8 million tons.

Ispat Mexicana’s raw materials and slabs are shipped through a dedicated port facility, which is Mexico’s largest bulk handling port.

Quality
The company is QS-9000 and ISO 9002 certified – by Det Norske Veritas.

Facilities
4 million tpa pelletiser plant
2.3 million tpa HYL (III) DRI plant
1.5 million tpa DRI Midrex™ plant
Four 220-ton electric arc furnaces with a production capacity of 5.3 million tpa of liquid steel
Two 220-ton ladle furnaces
Vacuum degassing unit
Two twin-strand continuous slab casters
Thermal power station

Subsidiaries and joint ventures
Servicios Siderurgicos Integrados S.A. de C.V. Sersiin (Mexico)
Consorcio Minero Benito Juarez Peña Colorada (Mexico)
Productora Mexicana de Tuberia S.A. de C.V. PMT (Mexico)
 

wwwInfo 15Jan05