Analysis of spot price of steel in Mexico: Case of the chinese imports in national territory
DOI:
https://doi.org/10.29105/rinn14.27-3Keywords:
china imports, chinese steel, spot steel price, steel MexicoAbstract
At the beginning of 2011, imports of Chinese steel in Mexico began to rise in a disproportionate way, because of the Asian region started a generating an overproduction of low-cost steel. This has led to the steel industry in Mexico reaches a break point in their prices. Derived from the express request of the Mexican steelmakers to the Government for install more requirements and taxes on imports from China, apparently volumes have begun to decline according to reports from CANACERO (it´s acronym in Spanish, National Chamber of Iron and Steel Industry ) in 2016. With this information will proceeds to analysis the behavior of spot price of steel in Mexico for the next years.
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