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03 Jul
13:21

Mexican steel production, consumption to fall in 2020

The Covid-19 pandemic has sharply impacted Mexico’s economy, industry and steel sector. In June the International Monetary Fund (IMF) considered that the Mexican economy will be the most affected in Latin America by the outbreak. So said Altos Hornos de México (Ahmsa) sales director Daniel Riojas de la Garza during a conference call monitored by Kallanish. The IMF forecasts a drop in Mexico’s GDP of between -6.6% and -10.5%, while Banco de M&eac…
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