Tag: Mexico

US steel exports jumped 33% in January but remain historically low, according to recently released US Department of Commerce data.

Mexican steel trade group Canacero has elected TenarisTamsa’s Sergio de la Maza Jiménez as its new president of the board of directors for 2026-27.

An administrative review of the anti-dumping duty (AD) order on heavy-walled rectangular pipe and tube from Mexico has found evidence of continued dumping by Mexican companies.

Mexico’s Secretary of Economy is conducting ‘Operation Clean-Up,” inspecting suspicious steel companies to verify compliance with rules of origin.

Grupo Acerero SA de CV (GASA) reported increasing shipments at the end of 2025 as the steel producer ramps up a new slab mill in north-central Mexico.

ArcelorMittal Mexico has replaced the transformer on its No. II electric-arc furnace, increasing casting capacity by 18%.

I grew up in Belo Horizonte, the capital of Minas Gerais in southeastern Brazil, surrounded by the Serra do Curral mountains, and a culture steeped in mining and vast iron ore reserves.

The public bankruptcy auction for the assets of Altos Hornos de Mexico has been postponed.

Trade for many of the sheet and plate products we follow has fallen to multi-year lows through December.

Steel imports slowed further in December and January to some of the lowest volumes recorded in recent years.

North American auto assemblies recovered in January, up nearly 12% vs. December, though down more than 2% year on year (y/y), according to GlobalData.

Ternium SA closed 2025 under pressure from lower steel prices and softer shipments. But the Latin American steelmaker expects both volumes and margins to improve early in 2026 as Mexico’s trade defenses tighten and US tariff uncertainty begins to settle.

As referenced in Michael Cowden's last Final Thoughts, Mexico has opened a formal investigation into cold-rolled steel imports from the US, China, and Malaysia. Here are the details.

The extreme cold we've seen over the last month or so might be passing. But it's still stormy out there when it comes to trade issues. The latest trade matter that’s led to more pings than usual on my phone and in my inbox: Ternium México filed a trade petition against imports of cold-rolled (CR) coil from China, Malaysia, and the United States.

CRU: US Midwest sheet prices have continued to rise from our mid-January assessment.

November steel exports tumbled 15% from October to the lowest monthly export rate since July 2020.

US rebar and wire rod prices rose month on month (m/m) alongside continued scrap increases, while merchant bar and structurals were unchanged.

Steel imports remain weak in November and December according to recently released final US Commerce Department data. Many of the sheet and plate products we follow slipped to multi-year lows.

A coalition of US steel industry CEOs has formally urged President Trump to maintain—and fully enforce—current Section 232 tariffs on steel and steel‑containing goods.

If forced to choose between Canada and Mexico, many manufacturers are likely to prioritize Mexico as the more important manufacturing hub.

US steel imports have fallen sharply under the new 50% Section 232 tariff regime. Jerry Richardson, general director of CSN LLC, discussed on an SMU Community Chat this week how the market is now structurally tighter and more volatile than at any point in the past decade.

Altos Hornos de México (AHMSA) announced a proposed schedule and minimum sale price for the auction of the bankrupt steelmaker and its Minera del Norte (MINOSA) operations.

ArcelorMittal Mexico announced it has restarted the blast furnace at its Lazaro Cardenas steel mill in the state of Michoacan on Mexico's Pacific coast.

The volume of steel shipped outside of the country increased 11% from September to October 2025 to a seven-month high of 662,000 short tons (st), according to recently released data from the US Department of Commerce.

According to recently released final US Commerce Department data, US steel imports rebounded 11% month on month (m/m) in October 2025 after falling to a multi-year low one month earlier. The latest license figures suggest imports eased back by 3% in November and by another 2% in December, with trade again nearing historical lows.

As we move into 2026, it’s time to look forward. While the “Donroe Doctrine,” Venezuela, and Greenland absorb significant press attention, important trade developments will also continue to make headlines this year. The unprecedented changes we saw in 2025 will continue in 2026, particularly in the areas of IEEPA and tariffs, USMCA, and the WTO.

The auction for the assets of bankrupt Mexican steelmaker Altos Hornos de Mexico (AHMSA) and its mining subsidiary, Minosa, has been postponed, according to various local media reports.

Following August’s modest 4% uptick, the volume of steel shipped outside of the country slipped 8% in September to 594,000 short tons, according to recently released data from the US Department of Commerce.

In our opinion, it is striking that for all the bold talk about establishing a "common external tariff" — or "Fortress North America" — the solutions being proposed fail to live up to their promises. As we have commented recently, USMCA certainly needs a rethink. But we have serious concerns about Canadian and Mexican proposals that suggest common trade policies that are, as we see it, more illusory than effective.

According to recently finalized US Commerce Department data, US steel imports tumbled to a near five-year low in September