Mexican HRC prices increased US$2/mt in the last two weeks to settle at US$735/mt ex-mill.
Despite the small uptick, prices are expected to remain overall stable as major consumers of flat steel enthusiastically endorse the comprehensive platform that Mexico offers.
Honda’s president Hiroshi Shimizu claimed that Mexico is the perfect equation for investment, because it offers the best conditions for logistics, expert craftsmanship and a perfect ambiance for export to anywhere in the world.