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Theft of steel declines in Mexico in H1

Friday, 05 August 2016 03:03:36 (GMT+3)   |   San Diego
       
Theft of steel products in Mexico totaled 3,000 mt in H1 2016, local newspaper El Universal said on Friday, citing data from the country’s steel association, Canacero.

According to the media report, the 3,000 mt total reflects a decline of 19 percent from the total of stolen tons in H1 2015.

The media report said rebar made up a majority of the total, as it is easy to resell. Other steel products frequently stolen include wire rod and steel coils.

Mexican steelmaker AHMSA said theft of steel in Nuevo Leon state declined “considerably” in the past few years.



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