Imbalance between offer and demands of steel products makes the steel price soars up in Mexico
Source: | Author:佚名 | Published time: 2021-04-05 | 561 Views | 🔊 Click to read aloud ❚❚ | Share:

After leaving 2020 behind, many people thought the recovery on economic and industrial activities was going to more fluent, but seems for the moment there’re are some factors unhinging the rhythm of the recovery.

One of the countries which is worthy paying attention to is Mexico. This country is always one of the main steel consumers in the world due to its domestic demands on the infrastructures and construction sectors. However, these strong demands have made the steel prices reach a quite high level.

In addition, as China is also recovering sharply, therefore this oriental superpower is also importing scraps from Mexico, which makes the lack of resources in Mexico is much more severe. With regard to this, the specialists affirmed that the current dilemma could provoke the deceleration of the recovery in Mexico.