Mexican Mills Revenues Fall to the Lowest Level in Six Years

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Mexican Mills Revenues Fall to the Lowest Level in Six Years

Friday, March 18, 2016
Source:ferro-alloys.com

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Keywords:Steel

[Fellow][Ferro-Alloys.com]According to Mexican industry associations said that Mexico's steel prices have dropped by 44% in 2015, due to Chinese unfair competition into Mexico.

[Ferro-Alloys.com]According to Mexican industry associations said that Mexico's steel prices have dropped by 44% in 2015, due to Chinese unfair competition into Mexico.

Mexico’s iron and steel enterprise included AHMSA, Ternium, IndustriasCH, Tenaris have released net income totaled US$17.848 billion, down by 22.7% year-on-year, was the lowest level since 2009.

Mexico's national iron and steel industry chamber of commerce data showed that Mexico’s steel production totaled 18.2 million tons in 2015, down by 3.7% year on year, was the biggest dropped since 2009.

[Editor:Sophie]

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