MEXICO CITY Mexicos
steelmakers must stand together to defend the industry against
unfair trade practices from China, India, Russia, Singapore and
South Korea, according to the vice president of Latin American
steel association Alacero.
Such nations "have strong
support from their governments that we do not have here,
(which) prevents us (from) competing on an equal footing,"
warned Raúl Gutiérrez Muguerza, speaking in
Mexico City recently.
Gutiérrez Muguerza, who
is also general manager of Mexican long steel producer Deacero
SA de CV, said that "this irrational and dogmatic trade
openness has to stop."
recently asked Enrique Peña Nieto, who was sworn in as
Mexicos president Dec. 1, to create a new industrial
policy. Such a policy "must raise local content and add value
to our exports" and encourage further industrialization, he
A version of this article
was first published by AMM sister publication Steel