Mexican HRC prices fell $21/mt in the last month to reach to $495/mt ex-mill.
The price of HRC is maintain in a trend in line with international markets, but the automotive sector is giving the Mexican steel industry hope of continued demand.
After experiencing a drop of 2 percent in July due to adjustments in production plants, Mexican auto production grew 7.7 percent in August, with a total of 292,271 vehicles. This volume is the highest ever for August and with the greatest percentage change from 2012, according to industry sources.