Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Domestic ferrous scrap prices in Mexico’s North, Bajío, and Central regions showed mixed results Friday, as their automotive and construction industries slowly ramp up production volumes.


In Northern Mexico, the weekly Davis Index for HMS 1&2 (80:20) increased by MXN12/mt to MXN5,375 delivered Mexico consumer, shredded increased by MXN770/mt to MXN6,720 delivered, and machine shop turnings rose by MXN95/mt to MXN5,058 delivered. The index for P&S 5ft decreased by MXN25/mt to MXN5,838 delivered, while the #1 busheling index fell by MXN145/mt to MXN6,018 delivered.


The weekly Davis Index in Bajío for HMS 1&2 (80:20), P&S 5ft and machine shop turnings declined  by MXN13/mt to MXN5,850 delivered, MXN3/mt to MXN5,860 delivered, MXN13/mt to MXN4,950 delivered, respectively. The indexes for shredded and #1 busheling increased by MXN618/mt to MXN5,993 delivered and by MXN87/mt to MXN5,950 delivered, respectively.


In Central Mexico, the Davis Index for HMS 1&2 (80:20), #1 busheling and shredded increased by MXN75/mt to MXN5,350/mt delivered, MXN105/mt to MXN6,080/mt delivered, and MXN1,018/mt to MXN6,293/mt delivered, respectively. The indexes P&S 5ft and machine shop turnings fell by MXN375/mt to MXN5,100 delivered and by MXN625/mt to MXN4,150 delivered, respectively.



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