Call 888-776-0942 from 8 a.m. to 10 p.m. Eastern Time

Washington, November 18, 2021/PRNewswire/-In a full-page ad in the New York Times today, the CEO of a major Mexican steel manufacturer urged three North American leaders to pay attention to "China’s harmful and unjust economy Behavior" "When they met in Washington today.

President Biden and President Lopez Obrador and Prime Minister Trudeau are resuming the North American Leaders Summit (nicknamed the "Three Friends Summit"), which was a regular meeting that began in 2005 but was secretly held in 2016 Discontinued after the meeting.

In the advertisement, Raul Gutierrez, chairman of Deacero, a 70-year-old Monterey steel company, urged leaders to “explore ways to cultivate and strengthen the North American supply chain to meet the challenges of China and other countries. . Let us replace the long-term fragile supply chain with a nearby, competitive supply chain."

The advertisement also stated in an open letter that the summit’s “high priority” “should be to protect key industries. For example, Section 232 tariffs and other mechanisms to avoid circumvention of steel and derivatives should remain effective until North American manufacturers recover enough The level of production and employment-in other words, until the global steel overcapacity caused by China and other countries is truly resolved."

Gutierrez pointed out that his own company is a real USMA enterprise. It opened the "Global Trade and Corporate Affairs Office, the first of its kind for a Mexican company," in Washington, and the company’s U.S. operations team "composed of more than 800 employees across the country, in Houston and Poplar Bluff With a manufacturing plant, MO, our company Mid Continent is the largest steel nail manufacturer in China."

Deacero has an extensive North American supply chain. For example, the company buys scrap metal in the United States, recycles it, and processes it at its Mexican plant to produce steel, which is then shipped back to its U.S. plant to make nails and other wire products.

Gutierrez said in the open letter: "I feel unprecedentedly optimistic about our country and companies working together to promote growth, employment and common prosperity."

Deacero is a family business founded nearly 70 years ago in a small warehouse in Monterey. We are a fully integrated company with infrastructure for recycling, waste disposal, steel mills, finished products plants and distribution centers.

Currently, we serve different industries and markets in Mexico and more than 20 countries, including the United States, Canada, Guatemala, Chile, Colombia, Costa Rica, Peru, Spain, and the United Kingdom.

We have more than 8,000 employees and operate in 21 recycling centers, 3 steel mills, 15 wire facilities and 1 R&D center.

For more information, please visit www.deacero.com

Contact Elizabeth Heaton, [email protected], 202-445-9858

More news releases on similar topics

Cision Distribution 888-776-0942 8 a.m. to 9 p.m. Eastern Time