Mexican steel imports total 6.3m tonnes in Jan-Oct 2012

Mexican imports of finished steel products totalled 6.35 million tonnes between January and October last year, according to estimated figures released by the Latin American steel association, Alacero.

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The volume is by far the largest among Latin American countries, among which Brazil ranks second with 2.9 million tonnes, Alacero’s figures showed.

In the first ten months of 2012, Mexico exported 2.66 million tonnes of finished steel, also the highest tonnage in the region.

Brazil recorded a volume of 2.38 million tonnes over the same period, according to Alacero.

In terms of finished steel consumption, however, Mexico came second to Brazil.

Mexico took 17.15 million tonnes in the first ten months of the year, compared with 21.3 million tonnes consumed in Brazil.

Alacero’s figures do not include comparison data for the corresponding period in 2011.