Claudia Cardenas

Mexican automotive production surged 15.2% in May year over year to 275,436 units, according to data from Mexico s Institute of Statistics and Geography, or Inegi.

The Platts monthly index for Mexican domestic rebar plunged 6.49% to 216.3 points in June from 231.3 points in May.

Despite demand not returning to pre pandemic levels, there is positive sentiment in the Mexican steel market based on opportunities such as the current wave of nearshoring and the country’s deficit of