Mexican government urges local steelmakers not to provide steel for US border wall

27 Mar 2017

Mexico’s government has warned Mexican companies that it would not be in their best “interests” to participate in the construction of US President’s border wall, though there will be no legal restrictions or sanctions to stop them if they tried. While some Mexican companies stand to potentially benefit from the controversial infrastructure project, residents south of the border view the wall and Trump’s repeated calls to have Mexico pay for it as offensive. That is putting public pressure on firms to abstain from participating.

“We’re not going to have laws to restrict (companies), but I believe considering your reputation it would undoubtedly be in your interest to not participate in the construction of the wall,” said Mexican Economy Minister Ildefonso Guajardo.

“There won’t be a law with sanctions, but Mexicans and Mexican consumers will know how to value those companies that are loyal to our national identity and those that are not,” Guajardo added. His comments echo those of Mexico’s foreign minister Luis Vinegary, who said on Friday that Mexican companies that see a business opportunity in the wall should “check their conscience” first.

Mexico’s Cemex, one of the world’s largest cement producers, has said it is open to providing quotes to supply the raw materials for the border wall. Competitor Grupo Cementos de Chihuahua has also signalled a readiness to work on the project.

Both companies have a strong presence in the United States.

Commenting on a media report published last week that stated Cemex will not participate in construction of the border wall, company spokesman Jorge Perez told Reuters: “I confirmed that we will not participate in the bidding process. That is all we have said.”

Source: www.steelorbis.com