The industrial center of Ternium in Pesquería strengthened the company‘s position in the high-end steel market sector. With this, Ternium gave way to a gradual replacement of imported goods in key industrial segments. In addition, the commissioning of a new hot rolling mill in this industrial center in
The Baltic Dry Index, or BDI, is published daily by the Baltic Exchange Limited, or Baltic Exchange, a London-based membership organization that provides daily shipping market information to the global investment community. The Baltic Dry Index is an average of selected ship brokers’ assessments of the time charter
Imports and exports of goods from Mexico grew at double-digit year-on-year rates in March, the Inegi reported on Wednesday. On the one hand, exports had an advance of 20.9% and reached 52,000.4 million dollars. On the contrary, imports from Mexico were 51,801.7 million dollars, which represented a growth
Clarkson projects that the supply of dry bulk cargo ships, measured in cargo-carrying capacity, will increase 4.7% between 2021 and 2023. Specifically, in the period from 2010 to 2020, the size of the fleet in terms of deadweight tons grew at an annual average of around 6.0%, while
The global market for original equipment tires registered a year-on-year drop of 6% in the first quarter of 2022, according to Michelin estimates. At the same time, the global replacement tire market was up 4% year-over-year. In particular, in the truck and bus segment, in March 2022, global
Global dairy industry retail sales reached an estimated $628 billion in 2021 and are expected to reach $818 billion in 2026, according to Euromonitor projections. Euromonitor also calculates that the dairy industry will register a compound annual growth rate of 5.4%n in that period, the company Oatly reported.