Mexico’s economy minister, Ildefonso Villarreal, met with Canacero and other local steel representatives this week to discuss agreements that could improve the segment’s competitiveness, the Mexican government said in a statement on Thursday.
The meeting gathered industry representatives that are responsible for about 95 percent of the nation’s mining activity, including Mexico’s mining chamber Caminex, and the nation’s chamber of steel, Canacero, in an effort to strengthen ties and exchange information in order to meet the industry’s needs.
At the meeting, Mexican government reinforced its support to the steel industry by offering continuity to the segment’s requests. In March, Villarreal said Mexican government was working with the Finance Ministry to establish a system that could control temporary imports of steel, which are increasing more than usual.
At the time, Villarreal also said that the government was also working with Mexican steel producers to establish a Mexican “norm” for the segment, which would guarantee the rights of consumers by pursuing initiatives to create a competitive trading environment, and to avoid illegal practices that harm the nation’s steel industry.