Despite headwinds such as the NAFTA renegotiations, Mexico’s steel sector is seeing large investments by the likes of Ternium and ArcelorMittal and is moving up the value chain, driven by a booming automotive sector.
"The market in Mexico used to be only based on price, but now clients are also looking for quality and are able to pay a little more. Companies must have high efficiency and be prepared to produce products when the client needs them.”
Despite headwinds such as the NAFTA renegotiations, Mexico’s steel sector is seeing large investments by the likes of Ternium and ArcelorMittal, and is moving up the value chain, driven by a booming automotive sector.
The pre-release edition of Africa Energy 2024 comprises analysis based on over 80 interviews with ministers and leading executives from IOCs, NOCs, independents, associations, investors and service providers, to provide an in-depth and holistic view of sub-Saharan Africa’s ever-evolving energy sector.
"We plan to double our copper production by the end of the decade. There remains significant upside potential in the gold industry, and the copper operations are strategic and additive to that."