thyssenkrupp Materials Services has acquired Aceroteca, a Mexican steel service centre business, to strengthen its North American industrial footprint. Mexico is attracting record manufacturing investment driven by nearshoring trends and the United States-Mexico-Canada Agreement. The deal gives thyssenkrupp access to Aceroteca's customer relationships, processing equipment, and local market expertise. Mexico's automotive sector, which produces around three point five million vehicles annually, is a key target market for the expanded operation.