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.

Paragraph entered by Atlantic migration, in order for SteelFirst articles to display correctly on Metal Bulletin.

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.

What to read next
Fastmarkets invited feedback from the industry on the pricing methodology for cobalt hydroxide, min 30% Co, inferred, China, $lb, via an open consultation process between May 4 and June 1, 2023. This consultation was done as part of our published annual methodology review process.
Fastmarkets will discontinue its consumer buying price assessments for machine shop turnings in the Cleveland and Pittsburgh markets effective Tuesday June 6.
Fastmarkets has decided to proceed with the launch of a new European low carbon ferro-chrome price covering material with lower chrome content.
Fastmarkets invites feedback on a proposal to increase the publication frequency of non-exchange-deliverable equivalent-grade (EQ) copper cathode premium, cif Shanghai, from once every two weeks to once every week.
The outlook for North American steel scrap prices has headed further into bearish territory ahead of June’s trade, with prices for all grades expected to fall again after a round of across-the-board decreases in May
Fastmarkets is inviting feedback on a change of publishing time for our ferro-chrome price in the Chinese domestic market as well as ferro-chrome import prices in Japan and South Korea, to 5-6pm Shanghai time from 2-3pm London time.
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.