The United States Department of Commerce linked Mexico‘s Rule Eight with improper subsidies in a steel trade case. Initially, on January 27, 2021, the United States Department of Commerce announced an affirmative preliminary determination in the anti-dumping investigation of imports of standard steel welded metal mesh from Mexico.
China’s Ministry of Commerce reported that it attracted 10,263 foreign-invested companies in the first quarter of 2021. From an industry perspective, the actual use of foreign investment in the service industry was 237.79 billion yuan, a year-on-year increase of 51.5 percent. Likewise, as part of this indicator, the
Mexico‘s Federal Economic Competition Commission (Cofece) ruled out monopolistic practices in the sugar market. Among the economic interest groups investigated were: Grupo Sáenz, Beta San Miguel, Organización Cultiba, Promotora Industrial Josela, Central Motzorongo, Piasa, Grupo Azucarero San Pedro, Ingenios Santos and Zucarmex. At the beginning, on November 30,
The peso starts the session with an appreciation of 0.51% or 10.3 cents trading around 19.97 pesos per dollar, with the exchange rate touching a minimum of 19.9621 and a maximum of 20.0991 pesos per dollar. The appreciation of the peso continues to be the result of greater
First Majestic Silver Corp. reported that it recorded a 27% year-on-year decline in its silver equivalent production in the first quarter of 2021. Headquartered in Vancouver, Canada, the company announced that total production in the first quarter of the year from its three production operations in Mexico, the
FEMSA reported that 51% of the total sales of the OXXO store chain in Mexico consist of products that suppliers deliver directly to stores. Other products with longer useful lives are distributed to stores through the Mexican distribution system of FEMSA’s Proximity Division, which includes 21 regional warehouses