Mexico will throw 18.4 billion iron and steel industry in the next two years

Mexican chamber of commerce, said an official with the main iron and steel industry enterprises to cope with the demand caused by the reform of energy, iron and steel industry in Mexico over the next two years will invest $3 billion (RMB 18.3753 billion).

Mexican newspaper news in one thousand, Mexico’s steel industry, said an official with the chamber of commerce (CANACERO) mainly to cope with the demand caused by the reform of energy, Mexico’s steel industry will invest $3 billion over the next two years. Due to demand, he thought, special products, industry outlook is very optimistic, in the field of energy exploitation, production and lose all need steel as raw material.

Enterprises in the industry believe that natural gas pipeline has a great opportunity, the state electricity board’s demand of natural gas pipeline will be doubled. Steel production is expected to reach 300000 tons, consumption growth in 2015 May exceed 3.5%, more than Brazil, Colombia and Argentina.