February Mexican flat steel material prices rose by about 5%, the price is the major reason for the increase production cost. On January the Mexican government raised the price of gasoline, regular gasoline and high gasoline prices rose 14.2% month-on-month and 14.2%, respectively, at the same time in the past few months raw materials such as iron ore prices are also rising. In December last year Mexico flat material price was up 5%.

Government is expected to continue to rise, oil prices in the coming months as Mexico’s steel mainly depends on truck, oil prices will increase the cost of transportation of the steel, and the steel prices higher.

At present, the hot taco clinch a deal valence is 1.39 14400 pesos per ton (us $674 – $699 / ton), rising from 600-800 pesos per ton, cold roll for 1.6 16400 pesos per ton (us $777 – $796 / ton), rising from 800-900 pesos per ton, hot galvanized sheet clinch a deal valence is 1.86 19000 pesos per ton, rising from about 600 pesos per ton.