Alonso Ancira

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Alonso Ancira (b. 1951 in Piedras Negras, Coahuila, Mexico) is a Mexican businessman who is the controlling shareholder and Chairman of the Board of Altos Hornos de Mexico ("AHMSA"), Mexico's largest steel producer.

Ancira purchased AHMSA from the Mexican Government in 1991, when the government privatized the steel industry. AHMSA is one of the most important steel smelting industries in Latin America. At the time of the privatization, AHMSA employed 17,000 people and accounted for almost 30% of the business activity in the Mexican state of Coahuila.

During the late 1990s, Ancira and other AHMSA executives were accused of tax fraud in Mexico. In recent years he has been cleared of charges of wrongdoing by the Mexican courts.

In 2006 the Mexican magazine Vanguardia named Ancira as one of Mexico's "power elite," with a fortune of over $700 million.

On March 30, 2006, Ancira was elected as President of the Mexican Iron and Steel Mexican Chamber (CANACERO) for the years 2006-2007.

Ancira is known to have close ties to the Mexican Institutional Revolutionary Party (PRI). He is related by marriage to Carlos Salinas de Gortari, who was the 70th President of Mexico.

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