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02 Apr

Mexico’s steel consumption reaches record in 2023

The Mexican steel industry ended 2023 setting a record for consumption. Finished steel production declined, but was still the second largest on record, Kallanish learns from data issued by the local steel association Canacero. Steel production decreased by 1.6% year-on-year to 19.3 million tonnes in 2023. The largest steel-producing state in the country was Michoacán, with 3.98mt. Nuevo León, Guanajuato, Veracruz, and San Luis Potosí’s o…
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