Prices for Mexican domestic hollow structural sections (HSS), referenced ASTM-A500, increased US$12/mt in the last week to settle at US$959/mt ex-mill.
Although all construction companies are enthusiastically awaiting the US$1.3 billion Infrastructure Investment Program, not all will benefit in the same way, according to financial analysts.
Experts indicated that publically-listed construction companies such as ICA and Ideal are strong candidates to benefit from government projects, based on the experience from participating in previous plans.
Marco Medina, analyst of Ve por Mas Financial Group, said Promoter and Operator OHL and Infrastructure (Pinfra) will be another favored company, since the amount to be allocated for the provision of roads is very positive.