Ternium is building a new research and development center in Mexico, where it is also modernizing a steel corrosion testing laboratory. With 20,173 employees at the end of 2020 (310 less than a year earlier), Ternium is the main flat steel producer in Latin America with an annual
The Chinese economy continues to recover from the Covid-19 crisis, assisted by supportive fiscal and monetary policies and effective containment of the virus, according to an analysis by Scotiabank. After the economy recovered to positive growth territory in the second quarter of 2020, the recovery has gradually become
With the RCEP, Asia is making rapid progress in its trade and economic integration, highlights an analysis by the European Parliament. Thus, the Asian path to integration not only implies richer growth in Asia, but Asia is also becoming more integrated. In November 2020, 15 countries in Asia
The government of Mexico granted three grants to help the challenges faced by Petróleos Mexicanos (Pemex). In general, the government has been implementing measures to address the financial and operational challenges that Pemex faces. To do this, on February 19, 2021, the government reduced Pemex’s tax burden to
The peso closed the session with a depreciation of 0.33% or 6.7 cents, trading around 20.23 pesos per dollar, with the exchange rate trading between a minimum of 20.1459 and a maximum of 20.2550 pesos. The depreciation of the peso was the result of a general strengthening of
Total U.S. agricultural exports in 2020 totaled about $ 146 billion, nearly 7% more than in 2019, the Department of Agriculture (USDA) reported. Also that amount represented the second highest level (after calendar year 2014). The main driver of this increase in agricultural exports was the expansion of