By www.steelorbis.com , 2013-07-30 03:58:40
According to a report released by the National Chamber of Iron and Steel Industry (CANACERO), apparent domestic consumption of liquid steel in Mexico fell 8.8% during the first five months of the year, to reach 9.12 million tons versus 10 million tons of same period 2012.
Apparent domestic consumption of flat products fell 9.3% (4.29 million tons versus 4.73 million tons last year). Only consumption of cold rolled coil (CRC) grew, by 2.9% (1.32 million tons versus 1.28 million tons in the same period last year). Consumption of long products fell 4.7% from Jan to May to reach 2.94 million tons versus 3.08 million tons in the same period of 2012.
As for steel production, CANACERO reported that from Jan to May, crude steel production in Mexico had an annual decline of 0.4% to reach 7.48 million tons versus 7.52 million tons during the same period of last year.
Compared with April production, May crude steel production grew 5.2% to reach 1.49 million tons, versus 1.41 million tons in April. Regarding the production in May 2013 compared to May 2012, crude steel production fell 2.1%.
Most flat products reflected a decrease in annual production during the first five months of the year. Only cold rolled coil (CRC) grew, by 9.2% to reach 1.17 million tons.
For long products, production of rebar and structural profiles increased 3.8% (1.48 million tons) and 9.2% (178,345 tons) respectively.
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