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Mexico Metals Report Q2 2013

Published by Business Monitor International on Apr 8, 2013 , 36 pages
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Description Table of Contents
Unlike developed market peers, Mexico's steel industry will be boosted in the coming years by strong domestic economic growth. Moreover, we expect steel-intensive growth in the form of robust autos production and further infrastructure spending. In a global steel market racked by overcapacity and low output prices, this will mark Mexican steel producers out as outperformers. However, as we expect steel prices to remain relatively subdued, production growth will lag consumption growth. We forecast annual steel production and consumption growth to average 5.5% and 6.2% over 2013-2017, respectively.



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Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets.\n\nBMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including Daily Alerts, monthly regional Insights, and in-depth quarterly Country Forecast Reports.
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