Author: D. Conroy-Galley
Abstract
In recent months, Mexican steel industry observers have lamented about a pause in long-term growth and maturation. However, a closer look at the industry’s history, the Mexican economy and recent steel investment activity reveals an
industry that is evolving to offer higher value products to its customer base. Similar to Charles Darwin’s theory of
natural selection, the Mexican steel industry is adapting to its modern market surroundings and using investment as a
tool to reshape itself into a value-added species.