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Mexico Metals Report 2016

  • December 2015
  • -
  • Business Monitor International
  • -
  • 27 pages

Includes 3 FREE quarterly updates

BMI View: Mexico is one of the largest producers and consumers of steel in the world, yet the country'ssteelmakers have found themselves faced with increasing competition from a recent surge in cheap steelimports from abroad while global steel prices have also fallen dramatically. While we believe the industryis robust enough to withstand these headwinds, a number of producers have moved to limit capacity andstreamline their workforces. We nevertheless expect output to begin expanding again from 2016 as a strongeconomy and robust demand drive growth.2016 should see growth in Mexico's crude steel production following an estimated contraction in output ofjust under 2% in 2015. Like those in many other countries, Mexico's steelmakers have been negativelyaffected by a growing Chinese steel surplus and, more specifically, by a significant increase in exports ofcrude and some refined steel products from the country over recent quarters.

Table Of Contents

Mexico Metals Report 2016
BMI Industry View 5
SWOT 7
Metals SWOT 7
Industry Forecast 9
Steel: Imports Curb Growth, But Local Production To Recover 9
Table: Steel Production and Consumption (Mexico 2012-2019) 13
Table: Steel Industry Historical Data (Mexico 2006-2013) 14
Regulatory Development 15
Recent Developments 15
Business Environment To Remain Supportive 15
Tax Regime 16
Corruption To Continue 16
Table: Political Overview 17
Commodities Forecast 18
Commodities Outlook 18
Table: BMI Commodities Price Forecasts 18
Competitive Landscape 19
Table: Mexico - Major Metals Producers 19
Company Profile 21
ArcelorMittal 21
Company Overview 23
Company Strategy 23
Latest Financial Results 25
Company Details 25
Financial Data 26
Table: ArcelorMittal - Key Financial Data 26
Methodology 27
Cross Checks 27

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