Mexican domestic hot rolled coil (HRC) prices increased US$4/mt in the last two weeks to settle at US$758/mt ex-mill. Demand from the automotive sector for special flat steel is still good, and production and exports of automobiles rose in Mexico in the last month due to a sharp increase in demand from the United States.
Production increased by 3.9 percent year-on-year in April to reach 248,031 units, while exports rose 9 percent year to 202,328 units. The downside is the domestic market, where sales fell 8 percent to 76,865 cars, forcing a cut in the forecast for 2014.
Strong demand keeps Mexican HRC prices trending up
Marketplace Offers
Hot Rolled Coil
Thickness
2 mm
Width
1,500 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.
Hot Rolled Coil
Thickness
2.5 mm
Width
1,200 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.
Hot Rolled Coil
Thickness
2.5 mm
Width
1,000 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.