Over the past decade, Mexico’s steel and iron industry has undergone a profound transformation. The majority of productive assets have passed from domestic ownership into the hands of transnational corporations, while the growth of high level manufacturing has led to the adoption of international quality standards throughout the value chain. The relatively modest increase in total production volumes masks a considerable investment in improving operational efficiency and boosting environmental performance.
On a broader level, Mexico finds itself at a turning point. Peña Nieto’s structural reforms could well prove to be the most significant driver of the Mexican economy since the 1992 signing of NAFTA. If all goes well, we should see tangible effects by the end of this decade. By encouraging even higher levels of foreign investment in growth industries, the country is assured of prolonged economic growth. The changes to financial and labor regulations, while a cause for complaint in the short-term, will help bring about a new level of equality and a closing of the gap between the two divergent streams of the economy.
Featuring exclusive interviews with:
Acero Prime – Arturo Marroquín, Director General
ArcelorMittal Mexico – Victor M. Cairo, CEO
Deacero – Alfonso Camargo Gonzalez, Director, Comercial Perfiles
Ernst & Young (EY) – Mario Arregoytia, Audit Partner, Mexico and Central America Mining & Metals Leader
Government of Mexico – Ildefonso Guajardo Villarreal, Secretary of the Economy
Industria Nacional de Autopartes (INA) – Oscar R. Albín, President
Plesa Steel – Eduardo Zundelevich, Director
Roca Acero – Mario Tijerina Molina, Director, Administration and Finance
State of Nuevo León – Rodrigo Medina de la Cruz, Governor
Steel Warehouse – Francisco Pontón, Director General