Mexican HDG consumption rises 17.5 percent in September

Tuesday, 14 November 2023 22:33:37 (GMT+3)   |   San Diego
       

Apparent consumption of hot-dipped galvanized sheet (HDG) in Mexico recorded its fourth consecutive annual increase in September with 17.5 percent, year-over-year, to 403,000 metric tons (mt), according to data from the Mexican Chamber of the Iron and Steel Industry (Canacero) reviewed by SteelOrbis.

For the sixth consecutive month, HDG is the second most consumed steel product in Mexico, only surpassed by hot rolled coils (HRC).

HDG production increased 10.8 percent, year-over-year, in September to 287,000 mt. It is the sixth consecutive annual increase and the seventh increase in the first nine months of the year. In September, HDG production remained in third position by volume, surpassed by hot rolled sheet (HRC) and by rebar, which is the most produced steel product in Mexico.

International HDG trade flow increased 24.7 percent or 36,000 mt to total 182,000 mt. Exports increased 2,000 mt or 6.5 percent, year-over-year, totaling 33,000 mt. Imports increased 34,000 mt or 29.6 percent to 149,000 mt.

In the accumulated to September, consumption increased 7.6 percent or 237,000 mt to 3.38 million mt, production increased 5.3 percent to 2.49 million mt. The trade flow decreased 5.6 percent to 1.53 million mt. Imports grew 0.9 percent to 1.21 million mt and exports decreased 23.9 percent to 322,000 mt.

Industry data shows that the producers of galvanized sheet in Mexico are Ternium, Tyasa, Posco México, Villacero and Nucor-JFE Steel México.


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