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Mexican steel prices face bearish outlook in March with more anticipated declines: survey

March 12, 2024 Comments Off

Pricing sentiment for the Mexican steel market in March took on a bearish outlook as all market participants are expecting price decreases with low inventory movement expectations, data from the monthly S&P Global Commodity Insights steel sentiment survey showed March 11. The index for price steel price development dropped again from the 38.4 reported in the previous survey to 33.3…