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.
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 indicative prices: HMS Scrap, Steel Scrap, Copper Scrap, Aluminium Scrap and more on the MetalsPlace Price Guide.
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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.
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MetalsPlace connects buyers and sellers globally. All prices are indicative. Verify with dealers for commercial transactions.