Mexican steel companies reach new labor record with 142,449 employed in March

Wednesday, 19 April 2023 22:33:04 (GMT+3)   |   San Diego

The steel industry in Mexico registered the third consecutive labor record with 142,449 workers in March of this year, 6.1 percent more workers compared to the same month in 2022, according to official data obtained by SteelOrbis.

In the last 12 months, as of March 2023, there have been 10 months with record employment levels, according to formal employment data (registered with the IMSS social security institute) in the Basic Metal Industries, which according to the agency's classifier national statistics Inegi, corresponds to the steel industry.

In March, the largest steel economy among Mexican states, by number of jobs, was Nuevo León with 20.1 percent of the total, followed by Coahuila with 13.8 percent, the State of Mexico with 9.0 percent, Guanajuato with 8.3 percent and Veracruz with 7.9 percent. Together these five states concentrate 59.1 percent of the 142,449 employed workers.


Similar articles

AHMSA asset sale could begin as early as January 2026

28 Nov | Steel News

AHMSA bankruptcy leaves Mexico’s steel sector in limbo

20 Nov | Steel News

Mexican rebar prices lean higher as supply remains limited; wire rod pricing slips

10 Nov | Longs and Billet

Net profit declines sharply at Simec

07 Nov | Steel News

Tenaris to supply line pipes for Mexico’s Trion deepwater project

27 Oct | Steel News

Mexican rebar prices trend higher amid reports of local scrap price hikes, wire rod stable

17 Oct | Longs and Billet

DeAcero starts construction of new scrap recycling plant in Ciudad Juárez

03 Oct | Steel News

US import rebar and wire rod prices steady as domestic mills trim sales

02 Oct | Longs and Billet

Nucor CSP unchanged for fifth week on low demand, spot pricing tests $800/nt

29 Sep | Flats and Slab

October US scrap seen sideways to $20/gt down on reduced mill demand, trimmed US exports

26 Sep | Scrap & Raw Materials