Government/Policy
June 23, 2026
Mexico advances steel industry pact with new government-industry coordination push
Written by Laura Miller
Mexico’s federal government is moving to implement its new steel-industry promotion pact. Officials held a high-level plenary session to align public procurement plans with domestic steel capacity.
Anti-Corruption and Good Government Secretary Raquel Buenrostro led the June 10 meeting. She urged agencies to use federal purchasing power to lift national content in major projects and improve long-range demand planning across rail, energy, and water infrastructure.
More than 65 representatives from steelmakers, construction firms, and industry groups attended. Canacero (National Chamber of the Iron and Steel Industry), Concamin (Confederation of Industrial Chambers of the United States of Mexico), and CMIC (Mexican Chamber of the Construction Industry) all participated. Agencies overseeing electricity, natural gas, Pemex procurement, rail systems, and water projects outlined upcoming needs. They also shared expected steel material requirements to help producers plan output.
Officials agreed to launch business matchmaking events and working groups. They also committed to permanent coordination and information sharing. Their goal is to strengthen domestic value chains, support job creation, and ensure public investment feeds national growth.
The session follows the April signing of the Agreement for the Promotion of the Mexican Steel Industry. That pact aims to expand public procurement of Mexican-made steel, support new investment, and reinforce the sector’s role in the national Plan Mexico strategy. At the time of the signing, it noted demand of 150,000 tons of rebar and 50,000 tons of structural steel in 2026, and more than 1 million tons over six years for passenger rail construction.
Canacero said in a post on X that Mexico is “advancing in the implementation of” the agreement. The chamber called the effort a “historic step” to defend the national steel sector amid global industrial policy competition. It also reaffirmed more than $8 billion in committed investments and pledged full cooperation to boost competitiveness.
