Deacero growing in US merchant market

Jul 19, 2013 | 01:49 PM | Thorsten Schier

Tags  Deacero, merchant bar, Mexico, angles, channels, flats, Thorsten Schier

NEW YORK — Mexican long steel products producer Deacero SA de CV is looking to grow its presence in the U.S. merchant bar market.

"The new mill in northern Mexico makes merchant bar products and they are targeted to the NAFTA (North American Free Trade Agreement) area," a spokesman for the company told AMM in an e-mail.

Multiple buyer and competitor sources said the steelmaker already appeared to be boosting its efforts outside of its traditional sales region.

"The Mexican market itself is not very active and they need to establish themselves (in the United States)," one trader said.

An East Coast distributor said he had been offered material from the Monterrey-based steelmaker recently.....




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