The Port of Brownsville is benefiting from increased demand for raw material from a steel mill near Monterrey. On Monday, the Brownsville Herald reported that Port of Brownsville chief Eduardo Campirano says the Ternium steel mill in Pesqueria east of Monterrey, Nuevo Leon is in expansion mode.
Campirano says now and over the next five or six years, Ternium calculates the company will nearly double the amount of unfinished steel slab needed which the company is importing from Brazil and Russia through the Port of Brownsville.
Ternium is getting several train carloads a week with raw steel slabs from the port. The mill processes the slab out of which it makes finished steel products for the automotive and appliance sectors.