Opportunity abounds in Mexcico for steel suppliers

Dec 31, 2012 | 07:00 PM | Myra Pinkham

Tags  Mexico, steel, service centers, Myra Pinkham

Many U.S.-based steel service centers and processors see Mexico holding opportunities for growth, including several companies that have had operations in Mexico for many years and continue to make moves to increase their presence there.

One big draw is the strength of the automotive industry, said Geoff Gilmore, president of the Columbus, Ohio-based Worthington Steel Co. subsidiary of Worthington Industries Inc.

But there are also other bright spots, according to Carlos Rodriguez-Boras, president and chief operating officer of Chicago-based Feralloy Corp., noting that other promising end-use markets include the energy and construction sectors.....

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