Mexico increased its automotive exports in the second quarter of 2021 benefiting from prices, Banxico said. In the second quarter of 2021, the value of manufacturing exports, both automotive and non-automotive, showed moderate growth compared to the previous quarter. In particular, the increase in the value of automotive
Personnel employed in IMMEX establishments in Mexico increased at a 0.4% month-on-month rate in June, Inegi reported. Mexico has developed its manufacturing sector with the dual objective of capitalizing: lower manufacturing overhead and its common border with the United States, its main export trading partner. Overall, in 2020,
Peñasquito, from Newmont, and Saucito, from Fresnillo plc, ranked as the largest silver mines in Mexico in 2020, reported the Mexican Mining Chamber (Camimex). While Peñasquito produced 27.8 million ounces of silver, Saucito reached 15.53 million ounces; both mines are in Zacatecas. Later, the San Julian mine, also
Mexico captured 1.483 billion dollars in Foreign Direct Investment (FDI) in metal mineral mining during the first half of 2021, reported the Ministry of Economy. Overall, Mexico has a substantial variety of mineral resources and is one of the world’s leading producers of silver, bismuth, antimony, fluorite, graphite,
The Corsa Gerdau company obtained the acceptance of an anti-dumping investigation on imports of steel beams to Mexico. These beams are type I and type H originating in Germany, Spain and the United Kingdom, regardless of the country of origin. Since April 29, 2021, Gerdau Corsa made this
The main competitors of Grupo Bafar in its segment of food products are Sigma Alimentos, a subsidiary of Grupo Alfa, through its main brands Fud, San Rafael and Chimex, and Qualitia Alimentos, with its brands Kir and Zwan. In short, Grupo Bafar is one of the main food