CITY -- Mexicos crude steel production reached
rose 4 percent year on year to 2.97 million tonnes in the first
two months of this year, according to national steel
Considering the results, the
association believes Mexico has had the highest level of
production over the past four years.
Consumption of finished steel
products totaled 3.76 million tonnes, down 4.6 percent in the
Mexican steel consumption
declined mainly due to lack of activity in the construction
sector, which fell 0.9 percent during the period, according to
Imports of steel products
decreased 13.5 percent year on year to 1.45 million tonnes in
the January-to-February period, while exports rose 34.4 percent
to 89,000 tonnes in the same comparison.
Steel imports increased from
some countries outside the North American Free Trade Agreement
Shipments from Ukraine rose 84.5
percent year on year to 28,340 tonnes in the first two months,
while those from China gained by 57 percent and from Brazil by
The Mexican steel trade deficit
fell 44.7 percent in terms of volume compared with the first
two months of 2012, representing $366.4 million during the
period, Canacero said.