Category Archives: Automotive

Construction and auto manufacturing driving use of steel

Steel workerEl Economista – According to estimates by the National Chamber of Industry of Iron and Steel (Canacero), steel use in construction of public works will increase 5.2 percent and 7.1 percent in auto manufacturing in 2015.

Mexico sets auto production record in 2014, aims for more

WSJ – Enjoying a strong tug from the growing U.S. economy, Mexico’s automotive industry logged record production and exports last year and expects output to rise further in 2015, industry officials said Thursday.

The auto makers produced more than 3.2 million vehicles, a nearly 10 percent increase over 2013, and exported 82 percent of them—overwhelmingly to U.S. consumers—said Eduardo Solis, executive president of the Mexican Automotive Industry Association.