Trade Resources Economy The Mexican Tubes Market Remained Sluggish Due to Weak Demand at This Moment

The Mexican Tubes Market Remained Sluggish Due to Weak Demand at This Moment

Reportedly, the Mexican tubes market remained sluggish due to weak demand at this moment. However, the tubes market would turn around for new energy projects in the country could boost demand at Tenaris Tamsa .

Meanwhile, Tamsa, Tenaris' branch in Mexico, has own three mills in the state of Veracruz with a total annual seamless tubes production capacity of 1.23 million tons. In 2013, the company expects to penetrate market shares reach in Mexico by targeting the southern area of the country. Currently, the company will try to focus on the north in order to develop a potential market.

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=64298&division=A4
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Mexico Expects to Improve Tubes Demand for New Energy Projects
Topics: Metallurgy