Steel in Mexico
Summary
Steel in Mexico industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Steel market consists of the production of crude steel in the stated country or region. Crude steel production refers to the production of the first solid steel products upon solidification of liquid steel. It includes ingots (in conventional mills) and semis (in modern mills with continuous casting facilities). Crude steel also includes liquid steel, which goes into the production of steel castings.
- The Mexican steel market recorded revenues of $20,712.4 million in 2023, representing a compound annual growth rate (CAGR) of 2.2% between 2018 and 2023.
- Market production volumes declined with a negative CAGR of 4.3% between 2018 and 2023, reaching a total of 16,179.7 thousand tonnes in 2023.
- The contraction of the Mexican steel market is attributed to a combination of economic and structural challenges. Despite being one of the largest steel producers in Latin America, Mexico's steel market has faced difficulties stemming from economic fluctuations and uncertainty surrounding trade policies.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the steel market in Mexico
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the steel market in Mexico
- Leading company profiles reveal details of key steel market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Mexico steel market with five year forecasts
- What was the size of the Mexico steel market by value in 2023?
- What will be the size of the Mexico steel market in 2028?
- What factors are affecting the strength of competition in the Mexico steel market?
- How has the market performed over the last five years?
- Who are the top competitors in Mexico's steel market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Geography segmentation
- 1.6. Market rivalry
- 1.7. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the most recent market developments?
- 8 Company Profiles
- 8.1. Altos Hornos de Mexico SAB de CV
- 8.2. ArcelorMittal SA
- 8.3. Industrias CH SAB de CV
- 8.4. Ternium SA
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Mexico steel market value: $ million, 2018-23
- Table 2: Mexico steel market volume: thousand tonnes, 2018-23
- Table 3: Mexico steel market geography segmentation: $ million, 2023
- Table 4: Mexico steel market value forecast: $ million, 2023-28
- Table 5: Mexico steel market volume forecast: thousand tonnes, 2023-28
- Table 6: Altos Hornos de Mexico SAB de CV: Key Facts
- Table 7: Altos Hornos de Mexico SAB de CV: Key Employees
- Table 8: ArcelorMittal SA: Key Facts
- Table 9: ArcelorMittal SA: Annual Financial Ratios
- Table 10: ArcelorMittal SA: Key Employees
- Table 11: ArcelorMittal SA: Key Employees Continued
- Table 12: Industrias CH SAB de CV: Key Facts
- Table 13: Industrias CH SAB de CV: Annual Financial Ratios
- Table 14: Industrias CH SAB de CV: Key Employees
- Table 15: Ternium SA: Key Facts
- Table 16: Ternium SA: Annual Financial Ratios
- Table 17: Ternium SA: Key Employees
- Table 18: Mexico Size of Population (million), 2019-23
- Table 19: Mexico Real GDP (constant 2010 prices, $ billion), 2019-23
- Table 20: Mexico GDP (current prices, $ billion), 2019-23
- Table 21: Mexico Inflation, 2019-23
- Table 22: Mexico Consumer Price Index (absolute), 2019-23
- Table 23: Mexico Exchange Rate, 2018-23
- List of Figures
- Figure 1: 220 Laboratories Inc: Deal Activity by Deal Type - Volume (2020 - YTD*2024)
- Figure 2: 220 Laboratories Inc: Private Equity and Ownership Volume and Value Trend (2020 - YTD*2024)
- Figure 3: 220 Laboratories Inc: Private Equity and Ownership Volume by Deal Type (2020 - YTD*2024)
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