Boston, MA -- (SBWIRE) -- 06/14/2013 -- 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.

About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff will help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

View Full Report Details and Table of Contents

Browse all Materials research reports at Fast Market Research

You may also be interested in these related reports:

- Egypt Metals Report Q3 2013
- Romania Metals Report Q2 2013
- Malaysia Metals Report Q2 2013
- Turkey Metals Report Q3 2013
- South Korea Metals Report Q2 2013
- Netherlands Metals Report Q2 2013
- Japan Metals Report Q3 2013
- Brazil Metals Report Q2 2013
- Taiwan Metals Report Q2 2013
- Sweden Metals Report Q2 2013