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Home Economy

The Ministry of Economy suspends a company for alleged irregular steel imports.

This is the company LAU Industries of Mexico, whose operations in Monterrey and Ciudad Juárez were canceled.

T21 Media by T21 Media
11 June, 2025
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As part of Operation Cleanup , the Ministry of Economy (SE) suspended the activities of LAU Industries of Mexico for allegedly importing, through the Manufacturing, Maquiladora and Export Services Industry Program (IMMEX), 400,000 tons of steel products in the first quarter of the year without registration or traceability of its inputs.

“The suspension of activities and the subsequent cancellation of export promotion programs at two plants and warehouses belonging to LAU Industries de México, formerly RUSKIN de México, has been implemented,” the federal agency explained in a statement.

The suspension was carried out at both its facilities in Monterrey, Nuevo León, and Ciudad Juárez, Chihuahua, after detecting alleged irregular operations and alleged undervaluation.

“This increase in the aforementioned company’s steel import volume would represent the total steel imports from all IMMEX programs within the segment, recorded in the same quarter of 2024,” he explained.

It’s worth remembering that last March, the Ministry of Economy initiated investigations into imports of various Chinese goods, such as hot-rolled steel, for alleged unfair practices.

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Furthermore, in furtherance of the fight against illegal activity in the textile and footwear sectors, the agency also canceled and suspended the IMMEX programs of two companies.

These are the companies Ensenada Textiles and Lancer Orthodontics , which were suspended after detecting irregular operations in their export-import processes, “which translates into unfair competition and consequent damage to the national industry in the sector.”

On December 19, 2024, a decree was published imposing a 35% tariff on 138 tariff items corresponding to manufactured textiles, including footwear products, as part of the measures to protect this industry.

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Tags: Ministry of EconomyOPERATION CLEANUPprograma IMMEXSteelTEXTILE AND FOOTWEAR INDUSTRY

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índice de Confianza del Transporte y Logística – Cuarto trimestre 2023 10 destinos de exportación de vehículos pesados 2023 Descubre el Top 10 de destinos de exportación de vehículos pesados en México en 2023 La venta de vehículos pesados rompe récord en 2023 5 marcas de camiones más vendidas