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15 Oct
13:34

Mexican steelmakers invest to challenge import substitution: Canacero

Mexican steel consumption will continue to grow despite the weakness of the local economy and the threat of a global financial recession, says Maximo Vedoya, president of Mexican steel association Canacero. The executive, who is also ceo of steelmaker Ternium, was speaking to Kallanish during the general assembly of worldsteel held in Monterey on 14 November. Vedoya says that companies in the sector do not see a recession, although the growth in consum…
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