The sale of AHMSA in Mexico is moving forward with an estimated $1.33 billion in asset auctions

The long-awaited bankruptcy sale of Mexican steel Altos Hornos de Mexico (AHMSA) has entered a crucial phase, according to local media reports. Taking into account the estimated assets of 1.326 billion. The steel producer is preparing for the official auction process, designed to satisfy creditors while protecting workers' rights.

According to trustee Victor Manuel Aguilera Gomez, the documents were submitted to a court specializing in bankruptcy and adapted in line with the observed authorities. The court is expected to resolve the following steps, paving the way for a legally valid asset sale.

The progress opens the door for investors, who are now officially invited to participate in the auction. They will be able to review key information about AHMSA and Minera Del Norte (Minosa), a subsidiary included in the assessment.