The aluminum industry in Querétaro reports an annual increase of this raw material between 12 and 15%, mainly demanded by the automotive, aerospace and packaging and beverage industries, among the most outstanding.

Francisco Beltrán, President of the National Chamber of the Aluminum Industry in Mexico has pointed out that the entity stands out as one of the most consumed nationally, despite the increase that the material has had of 60% during the last year, which has complicated its supply.

Check here: Industries drive the Mexican economy, growing 25.3% year-on-year

Part of the situation comes from the changes that China undertakes in its furnaces to convert them to clean energy, which has generated unemployment in smelters and rolling mills, which brings with it a delay in the supply and the corresponding rise in prices, he stressed.

China is the world's leading aluminum producer with 58%, followed by India and Russia.

This makes clear the opportunity for Mexico, which would also be much closer to demand.

Querétaro has an inventory of industrial buildings of 5.1 million square meters at an average price at an average rental price of 4 dollars per square meter per month, according to Solili as of 2Q 2021.

Analyzing the opportunities for Querétaro and promoting the growth of companies based in the country is the objective proposed by the chamber that seeks to stimulate investment, training and innovation in the state.

In Solili you have the Market Report of Querétaro as of 2Q 2021

Original note