Given the high demand for local suppliers of steel, aluminium and its alloys, the Ministry of Economy of Nuevo León and the Chain of Industry Producers in Mexico (CAPIM) are working to enhance the value chain. Nuevo León, officially the Free and Sovereign State of Nuevo León, is a state in northeastern Mexico.
"Previously these commodities were not listed as the first 10 items of purchase search by large industries and now, in less than a month, they jumped to the third place of search priority," said Mendoza, president of CAPIM.
The Government of Nuevo León has noted that the impact of nearshoring, combined with the new U.S. tariffs on over 500 products, has accelerated the search for domestic suppliers by major purchasing companies.
Impact of tariffs on raw materials
René Mendoza, president of CAPIM, indicated that these tariffs have made raw materials the third highest priority in supplier searches in Mexico, following metalworking processes and indirect materials and services. "The potential business value of these purchasing needs exceeds US$5.956 billion. Which means a great opportunity for our local companies," added Iván Rivas, Secretary of Economy of Nuevo León.
Rivas noted that 1,013 purchase requirements have been registered for various needs, including steel, aluminium, machining, stamping, die casting, packaging, logistics, aluminium extrusion, plastic injection, forging, and MRO resins and services.
Mendoza highlighted that Nuevo León's leadership in the manufacturing sector underscores the importance of the Mexico Industry Supply Chain event, scheduled for August 14 and 15 at Cintermex. This event aims to allow national suppliers to diversify their markets while also allowing major buyers to connect with companies that currently serve other industrial sectors.
Responses
