Mexican auto scrap faces more hurdles than Trump’s “wall”

摘要

Automotive demand should continueto support the generation of prime gradesin the Mexican scrap market in 2017, butvolatile exchange rates, the political landscapeand changing governmental regulations abroadcould have unknownimpacts, market participantswarned.The automotivesector has “obviouslymade a big change”in the Mexican scrapindustry in the last threeto five years, All Star MetalsLLC president Nikhil Shahtold delegates in early February atAmerican Metal Market’s 22nd MexicanSteel Forum in Cancun, Mexico.