ArcelorMittal operates six facilities in three ports in Mexico. With a steel production capacity of more than 6.5 million t/y and employing more than 8,000 individuals, we are the largest employer in Michoacan state and the Lazaro Cardenas municipality. In 2016 ArcelorMittal Mexico produced 3.11 million tons of steel. Mexico has faced significant challenges in sustainable development in recent years, in being a trusted user of air, land and water, finding more ways to use energy efficiently, and ensuring we have the skills to continue to innovate with the next generation. Production from our Volcan mine in Mexico was unfortunately suspended in October 2015 because of the low iron ore price environment. But we expect shipments to increase in 2017 as we have now restarted production, which increases our capacity by 2 million tons.
Concerns have been raised regarding a lack of vocational training in degree programs in Mexico. Graduates in relevant degrees such as geology or engineering tend to lack practical experience in their field. Companies entering the market will need to create schemes to help these graduates ease into the real aspects of the working environment, or take a chance on candidates with no work experience. Mexico has a good university system but it could perhaps interact more with the private sector for training purposes and to increase the employability of their graduates. Mexico needs to invest more in its education system to ensure the country is equipped with the correct talent to the the oil and gas industry’s future needs.