Mexico is one of Latin America's largest steel producers, with a significant EAF sector that relies heavily on scrap. Proximity to the US makes Mexico a major receiver of US scrap exports and also a regional scrap supplier.
Looking for today's Mexico scrap prices? See daily scrap prices on ScrapsMetalPrices
Indicative global reference prices in USD. Local Mexico prices vary with MXN/USD rates, freight, grade, and market conditions.
Scrap Metal Market in Mexico
Mexico's steel industry, led by companies like Ternium, AHMSA, and Simec, consumes large volumes of scrap. The country receives significant HMS and shredded scrap from the US. Domestic scrap collection is also growing as industrial activity increases.
Mexican scrap prices are influenced heavily by US domestic prices and freight costs across the US-Mexico border. Many large transactions are denominated in USD. Some smaller domestic trades use MXN.
View current price data for HMS Scrap, Steel Scrap, Copper Scrap, Aluminium Scrap and more on the MetalsPlace Price Guide.
Price Drivers
Selling Scrap Metal in Mexico
The Mexican scrap market is served by domestic dealers and significant US exporters. MetalsPlace can connect Mexican buyers and sellers with international counterparties. For US sellers, Mexico is one of the most accessible export markets.
Listings from Mexico
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Frequently Asked Questions
Yes. Mexico is a major importer of US ferrous scrap for its EAF steelmakers. The US-Mexico border is one of the world's highest-volume scrap trade corridors.
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Prices are indicative global references in USD. Local prices in Mexico vary based on MXN/USD, freight, grade, and market conditions. Not for use as contract prices.