Mexico's rebar consumption up, production down

In June, Mexico's rebar consumption increased by 7.5% yoy to 329,000 tons, while rebar production fell slightly by 1.1% to 347,000 tons.

In the first half of the year, rebar consumption rose by 8.8% to 2.1 million tons, while output fell by 1.4% to 2.2 million tons. However, Mexico's exports of rebar decreased by 50% in June, reaching the second lowest level this year, following the lowest in May.