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Steel Imports Report: Mexico. July 2017. Background. Mexico is the worldâs twelfth-largest steel importer. In year to date. 2017 (through March), further referred to as YTD 2017, Mexico. imported 2.8 million metric tons of steel, a 19 percent increase from 2.3. million metric tons in YTD 2016.
In the previous part, we discussed direct steel imports. Letâs now learn more about indirect steel imports. Steel produced by steel mills is not consumed by us directly. We consume steel in the form of automobiles, steel-containing appliances, and so on. Industrial consumers also use machinery and equipment made of steel. The imports of these products are termed indirect steel imports. For example, when the United States imports a car from Japan, itâs importing all the steel that went into manufacturing that car.