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Mexico steel thefts reach $120M

Keywords: Tags  steel theft, Mexico theft, rail theft, truck theft

MEXICO CITY — The theft of steel from railway containers and road transportation in Mexico totaled nearly $120 million from January 2010 to April 2013, according to the country’s steel association, Canacero, an average of $3 million per month.

The total value of steel stolen from train containers was $73.3 million, while the theft of steel from road transportation totaled $46.2 million, an association spokesman told AMM sister publication Steel First.

More than 112,000 tonnes of steel was stolen between January 2011 and April 2013, Canacero said, an average of 4,000 tonnes per month. Figures for 2010 were not disclosed.

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

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