Canacero Endorses Diplomatic Dialogue

The Cámara Nacional de la Industria del Hierro y del Acero, Canacero, Mexico’s leading steel industry association, has publicly declared its support for the Mexican government’s tariff negotiations with the United States. This show of unity follows a period of heightened trade tension over cross-border steel flows and regulatory standards. Canacero emphasized its commitment to working closely with the administration to safeguard Mexico’s industrial future.

Support for Sheinbaum & Ebrard

Canacero praised the diplomatic efforts led by President Claudia Sheinbaum and Foreign Secretary Marcelo Ebrard. Both leaders are navigating complex discussions aimed at preserving favorable trade conditions for Mexican steel while preventing the imposition of punitive tariffs from Washington. The chamber said it appreciated the government’s proactive stance and its openness to consulting with industry stakeholders.

Towards a Strategic Industrial Policy

The steel chamber announced that it would collaborate with federal authorities on shaping a long-term industrial policy tailored to the needs of the steel sector. The proposed strategy will focus on enhancing competitiveness, attracting foreign investment, also modernizing production facilities. Canacero stressed that clarity in regulation and consistent trade conditions are essential for maintaining investor confidence and boosting the domestic steel supply chain.

Ensuring Fair Competition

One of Canacero’s top priorities is the establishment of trade conditions that ensure a level playing field. The chamber warned against the influx of low-cost, subsidized steel products from non-NAFTA countries, which distort market dynamics. By aligning with government efforts, Canacero aims to develop frameworks that defend local manufacturers from unfair practices while complying with international trade norms.

Tariff Pressures from the United States

Recent comments from U.S. trade officials suggest that stricter oversight of Mexican steel exports may be under consideration, particularly amid rising concerns over transshipment from third-party countries. American steel producers have urged Washington to tighten measures, which could include reactivating tariffs or enforcing quotas. The Mexican government, with Canacero’s backing, is seeking to demonstrate transparency and fair practices to avert these outcomes.

Coordinated Industry-Government Response

The alliance between Canacero and the federal administration marks a shift towards a more coordinated industrial diplomacy. Marcelo Ebrard is reportedly working with trade negotiators to ensure that data on origin, certification, and value-added processes is available and verifiable. Canacero’s technical and logistical support in these discussions is expected to play a key role in strengthening Mexico’s case.

Steel Sector’s Economic Significance

The steel industry remains a cornerstone of Mexico’s manufacturing economy, employing over 700,000 people directly and indirectly. In 2024 alone, the country exported more than 4 million metric tons of steel to the United States. Any disruption in trade relations could have cascading effects on automotive, construction, and infrastructure sectors, making a diplomatic resolution imperative.

Looking Ahead: Industry Poised for Transformation

While the focus remains on resolving the immediate tariff threats, Canacero has signaled its intent to participate in broader industrial reforms. These include digital transformation, reducing CO₂ emissions in steelmaking, also developing green H₂ infrastructure. The chamber believes these initiatives will help future-proof Mexico’s steel industry while aligning with global sustainability goals.

Key Takeaways

• Canacero supports Mexican government’s tariff talks with the U.S., led by Sheinbaum and Ebrard.

• A new long-term industrial policy will promote fair trade, investment certainty, also modernization.

• Mexico exported over 4 million metric tons of steel to the U.S. in 2024, with trade stability now at risk.