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16 Dec
08:47

Mexico's steel industry recovers: Canacero

The Mexican steel sector is seen improving its main indicators on-year in 2021, Kallanish learns from national steel association Canacero. Apparent steel consumption (ASC) should rise between 27-29% y-o-y to almost 28 million tonnes. Meanwhile, annual crude steel production is estimated at 19mt, up by 13% over 2020. This volume, however, will be slightly down compared to the pre-Covid level of 20.2mt in 2018. Finished steel exports are expected to reach 3.5mt, 2…
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