Mexico declared the initiation of the administrative procedure of examination of validity of the compensatory quota imposed on imports of rebar originating in Brazil, regardless of the country of origin. Initially, on August 11, 1995, the Final Resolution of the anti-dumping investigation on imports of rebar from Brazil
The peso closed the session with a depreciation of 0.38% or 8.3 cents, trading around 22.06 pesos per dollar. The depreciation of the peso was accompanied by a strengthening of the US dollar against most of the major crosses, generated by an episode of uncertainty in global financial
Mexico’s economy registered a fall of 18.9% in the second quarter, on an annualized basis and with seasonally adjusted figures, the Inegi reported. By activities, the Mexico’s economy registered decreases of 26% in Secondary Activities, of 15.6% in Tertiary Activities and of 0.3% in Primary Activities. During the
ArcelorMittal Mexico operates with practices and protocols that have been evaluated by the Norwegian company DNV GL to prevent and control the Covid-19 pandemic. With this, the steel company has developed emergency protocols to prevent possible contagions inside its steel plant in Lázaro Cárdenas, Michoacán, applying certified international
The United States economy contracted 32.9% on an annualized basis in the second quarter of 2020. This is the deepest drop in U.S. Gross Domestic Product (GDP) since the government began taking records in 1947. The Department of Commerce reported that the contraction in the United States economy
UPS announced that its revenues totaled $ 20.5 billion in the second quarter, an increase of 13.4% yoy. The company‘s operating profit was $ 2.2 billion, and adjusted operating profit was $ 2.3 billion, an increase of 7.4% compared to the second quarter of last year. «Our results