Alacero Summit 2026 opened in Mexico City with a discussion of how China’s excess steel production is affecting Latin American markets and what can be done to support domestic industry. Participants included Alacero president and Ternium CEO Máximo Vedoya, and Mexico’s Secretary of Anti-Corruption and Good Governance, Raquel Buenrostro.
Vedoya linked the region’s sluggish economic growth—about 1.3%, compared with 2% or more in other countries—to deindustrialization, which he said was being intensified by China’s steel overcapacity and aggressive export policies. The pressure is felt not only through direct steel imports, but also through products from other industries, such as cars made using Chinese steel.
Buenrostro outlined Mexican measures intended to increase the use of domestic steel in infrastructure projects. The rules are already being applied to 115 projects, with an estimated steel demand of 700,000 tonnes. Mexico’s production capacity can cover 91% of that requirement.
“We identified 91% of the steel demand for our strategic projects. We published national content rules with a calculation method that allows us to include domestic content in a verifiable and pragmatic way,” Buenrostro told SteelOrbis.
She said the government had coordinated its plans with steelmakers, intermediate companies, construction firms and structural fabricators. Mexico aims to ensure that the projects use products made domestically or elsewhere in the region.
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