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Mexico has become the automobile production country, will benefit such as parts, materials and other related industries into Mexico markets, but also to attract Japan JFE plans joint United States Nucor steel company to develop new automobile plant in Mexico.

The plant investment is worth about ¥30 billion, with an annual output of 400,000 tons, are expected to put into production in 2019.

In 2015, Mexico vehicle production increased from 5.9% to approximately 3.6 million vehicles, therefore it estimated 2020 production is expected to increase to 5 million units level.

• [Editor:Chen Zhen Seng]