Mexican CRC prices fall from import competition

Monday, 09 February 2015 01:41:07 (GMT+3)   |  
       

In the last two weeks, the price of Mexican domestic cold rolled coil (CRC) fell US$26/mt to reach US$782/mt ex-mill.

As with the global market, the price trend for Mexican CRC has been declining significantly. Globally, there is an imbalance between supply and demand, especially in markets where Chinese imports have increased, such as the Latin American region.

In the domestic Mexican flats market, demand from auto assemblers—which seemed like a long-term hope for producers—is competing with imports.


Similar articles

Romanian flat steel prices stable as demand shows signs of slowing down

29 Mar | Flats and Slab

CRC and HDG prices drop further in Europe, fail to hit bottom as outlook still negative

29 Mar | Flats and Slab

Ussuri Capital to build low-carbon emissions flats plant in Romania

29 Mar | Steel News

Flat steel prices in local Taiwanese market - week 13, 2024

28 Mar | Flats and Slab

US sheet prices tick up modestly ahead of Easter weekend

28 Mar | Flats and Slab

Ex-India HDG and CRC prices edge down, trade remains in doldrums

28 Mar | Flats and Slab

Ex-China CRC offer prices fail to recover amid futures price drop

27 Mar | Flats and Slab

CRC consumption in Mexico up 23.4 percent in January

26 Mar | Steel News

CRC import price offers stable in Brazil

25 Mar | Flats and Slab

Indian CRC prices stable amid thin trading and negative manufacturing outlook

25 Mar | Flats and Slab