Imbalance between offer and demands of steel products makes the steel price soars up in Mexico
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.