Mexico’s non-Nafta steel imports almost double in January-May
Mexico’s steel imports from countries outside the North American Free Trade Agreement (Nafta) region surged year-on-year by 96% in January-May 2012, the country’s steel association, Canacero, said.
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Canacero did not disclose figures for the whole period, but said that steel imports from Russia reached 261,100 tonnes in May this year, 444% higher than the 47,975 tonnes imported in the same month in 2011.
Imports from Brazil totalled 318,908 tonnes in May, a 367% increase over the 68,246 tonnes in May last year.
Ukraine exported 273% more steel, to 85,584 tonnes.
Imports from South Korea and China rose by 119% and 116%, respectively, to 374,691 tonnes and 188,800 tonnes, Canacero added.
Last month, Canacero said that total imports in May reached 994,000 tonnes, up by 63% year-on-year, while imports in January-May totalled 4.42 million tonnes.