Mexican association urges end-uses to stick to domestic steel

Wednesday, 03 February 2016 22:57:55 (GMT+3)   |  
       

In order to aid Altos Hornos de Mexico (AHMSA), industrial groups in the National Chamber of Industry and Transformation (Canacintra) agreed not to buy foreign steel and stock from producers of domestic steel, said the chamber’s director Antonio Alvarez.

Alvarez said that the chamber is also contemplating inviting industry heavies such as Gunderson, Pytco, and Trinity to join the campaign to support local consumption.

Because the local industry consumes different types of steel—including rebar, beam, plate and channels—that AHMSA produces, there is not a necessary option to buy overseas.

"It would be difficult to determine the amount of steel consumption by the local industry because we have no information, but if it is a fairly significant amount. We hope that other local industries join and stop buying foreign steel, as this would be part of the social commitment to the community," he said.

Alvarez said the chamber wants to meet with executives of the steel industry to share the program applied AHMSA.

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