Steel Products
March 3, 2023
CRU: How Supply Dynamics Affect The Mexican Sheet Industry
Written by CRU Americas
Mexico has historically relied on steel sheet product imports to meet its demand as domestic suppliers, such as Ternium and AHMSA, had insufficient production capacity. But, in recent years, both Ternium and ArcelorMittal have built new capacities for hot-rolled (HR) coil in Mexico.
Ternium is also in the process of building more downstream capacity and recently announced investments in crude steel and direct-reduced iron (DRI) capacity.
