The peso starts the session with a depreciation of 2.37% or 47.2 cents, trading around 20.42 pesos per dollar, with the exchange rate touching a maximum of 20.6641 pesos, being the highest daily depreciation of the peso since September 23. For now, the peso is the second most
The growth rate of steel and steel consumption continues its upward trend, despite the prospects for an uneven recovery in Latin American countries, reported Alacero. In September, steel consumption totaled 5,025 million tons (Mt), an increase of 6.4% compared to August. This recovery was mainly leveraged by Brazil,
Canadian Pacific (CP) announced Friday that it plans to develop the first hydrogen-powered line transport locomotive in North America. Canadian Pacific’s hydrogen locomotive program will modernize a line transport locomotive with hydrogen fuel cells and battery technology to power the locomotive’s electric traction motors. Once operational, Canadian Pacific
The peso closed the week with an appreciation of 0.95% or 19.1 cents, trading around 19.94 pesos per dollar, touching a minimum of 19.7378 and a maximum of 20.2611 pesos per dollar. It should be noted that last week the peso depreciated 1.84% or 36.4 cents, due to
The United States increased its imports of fruits and vegetables from Mexico in the most recent fiscal year (October 2019-September 2020), according to data from the Department of Agriculture. These imports of fruits and vegetables originating in Mexico remain strong, while other bilateral trade flows have diminished affected
During the summer of 2020, monthly exports of liquefied natural gas (LNG) from the United States were the lowest in 26 months, but have since increased, and in November, estimated LNG exports exceeded the previous record set in January of 2020. In December 2020, as part of its