AMM.com Copying and distributing are prohibited without permission of the publisher
Email a friend
  • To include more than one recipient, please separate each email address with a semi-colon ';', to a maximum of 5


Mexico steel thefts down 47% in 1st quarter

Keywords: Tags  steel, Mexico thefts, Conadiac, Canacero, Ternium, Ahmsa, ArcelorMittal, Deacero Gerdau Sidertul


MEXICO CITY — The amount of steel stolen in Mexico fell 47 percent in the first quarter compared with the same period last year, according to Conadiac, Mexico’s steel distributors confederation.

Rebar accounted for about 35 percent of the 2,639 tonnes of steel stolen from January through March in at least 15 Mexican states, or about half of the country.

Ternium México SA de CV was hit most by steel thieves, reporting 34 incidents in the first quarter, followed by Altos Hornos de México SAB de CV (12 thefts), ArcelorMittal México and Deacero SA de CV (nine each), Gerdau Sidertul (seven) and Talleres y Aceros SA de CV (three), Conadiac said.

Mexico’s association of steelmakers, Canacero, said that two northern states, Coahuila and Nuevo León, have been working on strategies to combat steel theft. "Within this new impetus to the strategy, we implemented a program of best practices with our transporters, promoting and disseminating a series of preventive measures," the group said. There were no reports of steel thefts in Coahuila state during the first quarter vs. 15 in the first three months of last year.

A total of 454 thefts of 16,475 tonnes were reported in Mexico in all of last year, according to figures compiled by Canacero, vs. 309 steel thefts in 2010 and 312 in 2009.


Have your say
  • All comments are subject to editorial review.
    All fields are compulsory.



Latest Pricing Trends