Davis Index – Daily metal prices, scrap prices & global metal market

Mexico steel exports to the US decreased by 11.8pc to 242,327mt in November of last year compared with the same month in 2018.

 

The value of the steel exports was $187.7mn in November 2019, down by 16pc compared with the same month in 2018 when shipments totaled $223.6mn, according to data from local media.

 

Between January and October 2019, the value of the Mexican steel exports to the US declined by 9.7pc to $2.2bn.

 

While the US imported 1.38mn mt of steel products in November 2019, it was down 35.6pc compared to the same month in 2018. The value of the steel imports reached $1.3bn, which was also down 34.6pc.

 

Mexico’s steel production fell by 3.6pc in October 2019 to 1.5mn mt, according to figures from local media.

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