Mexican HRC prices move in line with automotive demand

Friday, 19 July 2013 01:56:18 (GMT+3)   |  

Mexican domestic hot rolled (HRC) prices increased US$19/mt in the last two weeks to settle at US$733/mt ex-mill.

Mexico currently produces 2.5 million units annually in the automotive industry, and it is likely that the sector will close 2013 with 2.8 million units produced. By 2016, the sector is expected to produce 4.1 million units annually, and thus employment rates are slated to surge, in both auto and auto parts manufacturers.

Also, according to the sources, the sector has fully recovered after the global crisis that hit Mexico in 2009, the worst year in terms of job losses in the recent era. It is expected that by the end of this year the auto parts sector will reach 600,000 total jobs (direct and indirect).


Similar articles

Turkey exceeds EU HRC and coated sheet import quotas for Q4, rebar quota almost filled

22 Oct | Steel News

UAE buyers maintain interest in HRC imports as Chinese prices fall further

21 Oct | Flats and Slab

Ex-China HRC prices slide further amid falling futures, non-VAT traders undercut mills

21 Oct | Flats and Slab

Ex-India HRC prices soften amid declines in EU, competition rises in main export markets

21 Oct | Flats and Slab

Nucor CSP steady for eighth week on limited demand after spot pricing bounces off $800/nt

20 Oct | Flats and Slab

Local Indian HRC prices soften further as buyers retreat for holidays

20 Oct | Flats and Slab

US HRC pricing rises as increased mill bookings cause longer lead times

18 Oct | Flats and Slab

Global View on HRC: Asian and M. Eastern prices slide amid ex-China decline, Europe rises cautiously

17 Oct | Flats and Slab

Weaker ex-China HRC offers depress buying sentiments in Turkey

17 Oct | Flats and Slab

Japan’s HRP and HRS shipments down 10.4 percent in August 2025 from July

17 Oct | Steel News

Marketplace Offers

Hot Rolled Coil
Thickness:  1.5 - 25 mm
Width:  1,000 - 1,500 mm
Coil:   R
DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
Hot Rolled Coil
Thickness:  0.8 - 5 mm
Width:  1,150 - 1,850 mm
Coil:   R
SAMBHV SPONGE POWER LIMITED
Hot Rolled Coil
Thickness:  2 - 12 mm
Width:  1,000 - 1,500 mm
Coil:   R
MALTEPE DEMIR SAN. TIC. LTD. STI.