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Canacero expects rise in Mexican steel investments

Keywords: Tags  Canacero, Mexico, steel, Mexican steel, Steel First, Rodrigo Alonso

MEXICO CITY — The Mexican steel industry is expected to see investments totaling $11.5 billion between 2013 and 2015, local steel association Canacero announced this week.

Canacero has not disclosed investment details.

Between 2012 and 2014, Mexico’s steel industry was expected to attract investments of about $6.93 billion, a senior government official previously told AMM sister publication Steel First.

Canacero says Mexico is the 13th-biggest steel producer in the world, representing 1.17 percent of total steel output.

A version of this article was first published by AMM sister publication Steel First.

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