- Instability in international steel prices and US tariffs (Section 232) led to decreased demand and prices, affecting operating results and cash flow, causing delays in short-term obligations, mainly payments to suppliers.
- Cargill Financial Services International, Inc. notified early maturity of its credits.
- Comisión Federal de Electricidad (CFE) unilaterally cancelled thermal coal supply contracts.
- The company incurred in net losses during the nine months ended September 30, 2020 and the year ended December 31, 2019.
- Current liabilities exceeded current assets.
- Loss of more than two-thirds of its share capital, potentially leading to dissolution.
- Multiple breaches of credit contracts.
- Cancellation of thermal coal supply contracts with CFE leading to the closure of operations in the thermal coal segment.
- Layoff of 2,000 workers and employees in Mexico and 400 in Texas.
- Strike notice from the Sindicato Nacional de Trabajadores Mineros Metalúrgicos y Similares de la República Mexicana.
Altos Hornos de México S.A.B de C.V.
Greenhouse gas emissions & sustainability report data
Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2018 | 7.9M tCO2 eq/year (2018) |
| 2017 | 7.7M tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.