Mexico’s wire rod production decreases in May
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Update time : 2023-07-13 16:24:33
According to statistics from Mexico’s steel industry association Canacero, Mexico’s wire rod production decreased year on year in May, the fifth consecutive month of drop, falling by 19.7% to about 233,000 tons.
At the same time, the apparent consumption decreased by 5.4% compared to the same month a year ago to about 246,000 tons. Although the volume decreased year on year, the output in May still hit a monthly record high in 2023.
In May, exports of wire rods in Mexico went down by 87.8% year on year to 5,000 tons.
