The Ministry of Economy (SE) reported that 750 companies with allegedly irregular activities and that are dedicated to the manufacture and marketing of steel products were identified, of which 350 were suspended in their imports and procedures were initiated to cancel the Manufacturing, Maquiladora and Export Services Industry Program (IMMEX) .
The SE detailed, through a statement, that the activities of the company Bremsa Regiomontana were suspended , which, together with the company Elegant Fashion, would have triangulated import operations for 76,761 tons of steel during 2025.
The federal agency indicated that these actions were carried out within the framework of Operation Clean-Up , and were the result of inspections with various institutions, such as the Digital Transformation and Telecommunications Agency, the Ministry of Economy, the Tax Administration Service (SAT) and the National Customs Agency of Mexico (ANAM) , in addition to information provided by the National Chamber of the Iron and Steel Industry (Canacero) .
Of the total number of companies inspected, 400 are under analysis and in compliance with information requirements in order to determine the start of the administrative procedure.
The SE carried out the inspection and verification of said companies dedicated to the manufacture and marketing of steel products, both in national territory and abroad, in order to determine the legality of their import-export operations , and to verify compliance with the rules of origin of foreign manufacturers that export steel products to Mexico.
The federal agency indicated that, in coordination with other federal government institutions, it seeks to ensure the security of supply chains and the ongoing fight against smuggling and the misuse of economic development programs.
In the lead-up to the review of the United States-Mexico-Canada Agreement (USMCA) , the country’s mining and metallurgical industry is one of the issues on the negotiating table, especially regarding critical minerals—such as cobalt, copper, fluorite, among others—where Mexico and the United States have agreed to work on a joint plan.
As part of the actions to strengthen this industry, on February 12, the Mexican government announced that it had recovered 1,126 mining concessions , equivalent to 889,512 hectares, due to lack of payments or absence of exploration.
Comment and follow us on LinkedIn: @GrupoT21
