Ternium, which shipped a record 4.1 million metric tons of steel in Mexico in the third quarter, counts U.S. automakers building cars in the country among its top clients.

CUTTING IMPORTS Mexico is rolling out measures to fight against what it views as unfairly priced imports of products such as steel, textiles and furniture, Economy Minister Marcelo Ebrard said.

Mexico will announce new measures next week if no agreement is reached regarding the recently increased tariffs on steel and aluminum, President Claudia Sheinbaum said Wednesday.

With five of the traditional leading recycled steel exporters offering less scrap to the wider global market in 2024, traders and mill buyers became more active in several other places. Overseas ...

Mexico's Secretary of Economy Marcelo Ebrard called the tariffs unjust during the conference. "He's shooting himself in the foot," Ebrard said of Trump. "Mexico imports more steel than it exports to ...

Mexico may be ready by next week to put retaliatory tariffs on steel from the U.S. in response to action taken by President Donald Trump, said HSBC economist Jose Carlos Sanchez, who called this ...

MEXICO CITY/SAO PAULO, Feb 10 (Reuters) - Brazil and Mexico, two top shippers of steel to the U.S., will wait to see if U.S. President Donald Trump announces tariffs on steel and aluminum imports ...

By Reuters | May 5, 2025, at 10:26 a.m. ... Reuters A man pulls a cart in the downtown of Mexico City, Mexico April 24, 2025. REUTERS/Raquel Cunha By Kylie Madry ...