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"Mexico Metals Report Q3 2013" Now Available at Fast Market Research

Recently published research from Business Monitor International, "Mexico Metals Report Q3 2013", is now available at Fast Market Research


Boston, MA -- (SBWIRE) -- 09/20/2013 -- Strong Growth For A Strong Economy

Unlike developed market peers, Mexico's steel industry will be boosted in the coming years by strong domestic economic growth. Moreover, we expect steel-intensive growth in the form of robust autos production and further infrastructure spending. In a global steel market racked by overcapacity and low output prices, this will mark Mexican steel producers out as outperformers. However, as we expect steel prices to remain relatively subdued, production growth will lag consumption growth. We forecast annual steel production and consumption growth to average 5.5% and 6.2% over 2013-2017, respectively.

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