Investment in Mexican steel sector on the rise

Feb 01, 2013 | 11:29 AM | Rodrigo Alonso

Tags  Mexico, Monterrey, automotive production, investment, Amia, AMM 18th annual Mexican Steel Forum, Jesús Serrano Landeros, steel Steel First

MONTERREY, Mexico — The Mexican steel industry is expected to see investments totaling $6.93 billion between 2012 and 2014, a senior government official said at AMM’s 18th annual Mexican Steel Forum.

That would be nearly the same level of investment achieved between 2007 and 2011 and more than double the $2.99 billion invested between 1999 and 2006, Jesús Serrano Landeros, director of heavy industries and high technology for the Mexican ministry of economy, told delegates.....

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